THE MARKET
Posted on February 17, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Nationally, we’ve just come through the busiest December-January sales season in many years! No doubt it’s driven by more NZers staying home as we predicted a few months ago, rotten weather chasing them home, or a constant inflow of immigrants and all compounded by a real lack of new homes being built. In short though, we don’t see that pressure backing off and expect it to increase to some degree as people want to “…be in before winter….”
As noted elsewhere, the lack of choice remains the single greatest limiter to even greater levels of activity.
Filed under: REAL ESTATE | Tagged: Real Estate