Increases in property sales prices have flatlined and property types preferred by investors are taking the biggest hit. Trade Me Sales Price Index reports sales prices are down for units and apartments while large homes of five beds or more are very strong particularly in Wellington. Does the RBNZ or Government need to take further action to curb property investors appetite?
Tag Archives | property sales
If you’ve bought or sold property in our largest city, it’s more than likely you will have at least a passing knowledge of the auction process. While real estate agents in New Zealand’s other main cities entertain a wider range of sale methods, it seems most Auckland agents are stuck on auction… Except, that is, for The Property Market – and that’s because we think times are changing.