Bayleys Residential news & articles

A character-packed heritage building which has been operating for almost 100-years under various guises as a commercial accommodation provider in one of New Zealand’s most prosperous rural towns has been placed on the market for sale.

A summary of the recent developments shaping New Zealand’s housing market over the last month.

For the first time in as many months, Kiwis have seen inflation track lower than expected, but will this provide a boost for the residential housing market?

Not immune from the quirks of the economic climate, the lifestyle sector has seen buyers pull back amid uncertainty, but growing opportunities contrast against the rising cost of living are once again encouraging more Kiwis to escape urban confines.

Record-low mortgage lending rates helped residential values to hit new heights during the pandemic, but a new set of drivers is now in play, with consequences for residential decision-making.

Professional property management business The Accommodation Centre – with offices in Queenstown, Arrowtown, Wanaka and Cromwell – will join national real estate giant Bayleys Real Estate at the end of the month.