colinrealestate

The real estate market is changing to a more positive outlook for those vendors ready to meet the market. Across the country realtors have a lack of listing and are receiving multiple offers on many properties they have listed.
The property investors are also re-entering the market, cautiously, many are still looking for that bargain but once again there often more than one offer on these properties.
The Christchurch rebuild is finally getting some traction which is increasing confidence once again in Canterbury, although a lack of rentals is putting pressure on rental prices.
Across the country sales of properties are at a high not seen for a number of years. While prices in Auckland have seen the largest rises between 3 -5%, most areas of the country have seen marginal shift up on the last quarter.

Filed under: REAL ESTATE | Tagged: Real Estate