This is one of the better intros I’ve seen! Just goes to show that independent journalism is becoming the source to trust. Well done Najib. Truly becoming the thought leaders of the chch market
Thank you for your podcast. I live in Nelson and almost of nz property podcast is all about the north island. I am glad your base is in Christchurch. I just bought a property last week in Nelson and as you said that there is a competition for good area, I have to add 50k more than asking price to win it. But so glad I made this decision.
Great content mate, pleased to see the aligning of great points of view/logic for the next few years. On the back of today's recessionary news and budget forecasts etc I'd say most of next year will probably be very similar housing pattern to this year. i.e weak in winter with expectation of picking up ''spruiker recovery'' late in year with 2026 forecasts optimistic again. Wgtn local economy etc at a very very low point after having to reverse all the illogical decisions made a few years ago, feel for a lot of people especially those who were advised to be buy across nz with max risk and debt in 21/22 thatll keep having an impact for at least 2 more years.
Thanks very much @Kiwisnrl. It certainly looks that way with the recent recession news. However, there will be some good buys out there for many kiwis who have been patiently waiting. But unfortunately for others, some hurt still to come.
When do we think we can get back to having the medium listing price and sold price back to being level? After covid real estate agents have been causing havoc for buyers and sellers. Everything is under negotiation and nothing is listed with a set price. Big part of that is sellers putting unrealistic prices in a buyers market.
Great point, James. Unfortunately, many agents still market properties as "Price by Negotiation." At Najib, we rarely list a property without a price guide because we believe in providing transparency for both vendors and buyers. The market has shifted significantly since the COVID era, when price guides were often omitted to capitalise on high demand and the extraordinary prices being paid at the time. We’re now in a market where the listing price is more aligned with the sold price. Achieving those peak prices is no longer realistic, and many buyers are growing frustrated with the lack of transparency from agents around pricing. Even a quick scroll through Christchurch Trademe listings shows more agents now using "Asking Price" or "Enquiries Over," which may indicate a trend toward more alignment between asking and sold prices. Wishing you a Merry Christmas and a Happy New Year. Thanks for being an active contributor to the channel!
Excellent content, well presented, thank you! I would like it if you did a comparison between the 7 main Centres: Auckland vs Christchurch, Hamilton vs Dunedin, Wellington vs Chch and Auckland. Christchurch is still affordable, it’s NZ’s Second Largest City, significantly larger than Wellington and the Hutts etc etc. I would like your opinion!
Hi Robert, this will be a great video to do in the future. We have compared Auckland Vs Christchurch Vs Wellington in this video here, let us know your thoughts! ruclips.net/video/YN1Z79LBZDQ/видео.html
Hey Najib, I'm curious to know if the lead generation for buyer and seller leads work in NZ? like lead generation agency in the US and Canada that provide buyer and seller leads which is a niche that's helping agents generate more deals.
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Find all the insights and data mentioned in the video here:
bit.ly/41xWPGg
This is one of the better intros I’ve seen! Just goes to show that independent journalism is becoming the source to trust. Well done Najib. Truly becoming the thought leaders of the chch market
Appreciate the kind words!
Another great video. Wishing you and your family a merry Christmas this year .
Cheers Nathan, have been following your content for a while now. Have always got great value and key market insights! Keep up the good work.
Much appreciated!
Great work Nathan, your NZ house price insights and economic trends have taught me more about the market👏🏻
Thank you for your podcast. I live in Nelson and almost of nz property podcast is all about the north island. I am glad your base is in Christchurch. I just bought a property last week in Nelson and as you said that there is a competition for good area, I have to add 50k more than asking price to win it. But so glad I made this decision.
a banger intro!!! Great content!!
Appreciate it!!
Awesome straight talk Brother!!
Thanks David!
Great work Nathan!
Great content mate, pleased to see the aligning of great points of view/logic for the next few years. On the back of today's recessionary news and budget forecasts etc I'd say most of next year will probably be very similar housing pattern to this year. i.e weak in winter with expectation of picking up ''spruiker recovery'' late in year with 2026 forecasts optimistic again. Wgtn local economy etc at a very very low point after having to reverse all the illogical decisions made a few years ago, feel for a lot of people especially those who were advised to be buy across nz with max risk and debt in 21/22 thatll keep having an impact for at least 2 more years.
Thanks very much @Kiwisnrl. It certainly looks that way with the recent recession news. However, there will be some good buys out there for many kiwis who have been patiently waiting. But unfortunately for others, some hurt still to come.
When do we think we can get back to having the medium listing price and sold price back to being level? After covid real estate agents have been causing havoc for buyers and sellers. Everything is under negotiation and nothing is listed with a set price. Big part of that is sellers putting unrealistic prices in a buyers market.
Great point, James. Unfortunately, many agents still market properties as "Price by Negotiation." At Najib, we rarely list a property without a price guide because we believe in providing transparency for both vendors and buyers.
The market has shifted significantly since the COVID era, when price guides were often omitted to capitalise on high demand and the extraordinary prices being paid at the time.
We’re now in a market where the listing price is more aligned with the sold price. Achieving those peak prices is no longer realistic, and many buyers are growing frustrated with the lack of transparency from agents around pricing.
Even a quick scroll through Christchurch Trademe listings shows more agents now using "Asking Price" or "Enquiries Over," which may indicate a trend toward more alignment between asking and sold prices.
Wishing you a Merry Christmas and a Happy New Year. Thanks for being an active contributor to the channel!
Enjoy watching your clips Nathan
Thanks so much!
Well done Najib!!
Thanks :)
Excellent content, well presented, thank you! I would like it if you did a comparison between the 7 main Centres:
Auckland vs Christchurch, Hamilton vs Dunedin, Wellington vs Chch and Auckland. Christchurch is still affordable, it’s NZ’s Second Largest City, significantly larger than Wellington and the Hutts etc etc. I would like your opinion!
Hi Robert, this will be a great video to do in the future. We have compared Auckland Vs Christchurch Vs Wellington in this video here, let us know your thoughts! ruclips.net/video/YN1Z79LBZDQ/видео.html
Hey Najib, I'm curious to know if the lead generation for buyer and seller leads work in NZ? like lead generation agency in the US and Canada that provide buyer and seller leads which is a niche that's helping agents generate more deals.
Great suit. I’m in!
this is my idol!!
Bro need to go viral
Sharing will help :)
They still got newspapers down there….must be a South Island thing. In the North Island we are all online 😂
😂