We have witnessed a New Zealand property market in 2018 which is best described as a return to ‘normal’ following a couple of boom years. As much as the commentators have attempted to find fault, market conditions continue to remain positive. We have seen consistent interest this year in our property market across all sectors and locations again reflecting the desirability of the Bay of Plenty.
REINZ figures released last week illustrated this with the number of properties sold in the Bay of Plenty increasing by over 17% on the same month last year with an increase in the median house price by 3.5%.
At EVES, November saw a good number of listings coming to the market with many great success stories and as we head to the end of the year, this month has seen much of the same. We’re so glad to have seen so many happy sellers and buyers end the year on such a high.
At this time of the year we would like to wish you all a very safe and happy Christmas. Thank you for your business over the last 12 months and I hope you can enjoy some quality time with family and friends during this most wonderful time of the year.
We remain ‘open for business’ over the festive season so if we can help with your next property transaction give your local EVES salesperson a call and they will be happy to help you out.