The Property Market Continues to Stabilise The August report from the Real Estate Institute of New Zealand (REINZ) shows steady activity in the housing market compared to the previous year and July 2023. In the Auckland region, the sales count year-on-year was up by 18.2%, indicating a strong increase in the number of sales. The median days to sell within the Auckland region have shortened…
Posts Taggedproperty update
Property Market Update May 2023
Property Market Update May 2023 Here we are well into another winter of real estate, and once again the market remains ‘low and slow’. However, we feel confident that the market is close to having bottomed out. There are several reasons for this: Mortgage rates are reasonably stable now and likely to remain so Low numbers of listings (properties coming to the market) and likely…