The real estate market in the Bay shows plenty of positive signs as we head toward Christmas. The latest NZ Property report released by realestate.co.nz indicates that while there may not be the same heat as was felt earlier in the year, the market is more stable. That’s good news for purchasers and sellers.
The report went on to show that property on the market had increased by a healthy 1.8%, with 890 properties for sale across the Bay of Plenty at the time of the report’s release on the 30th November.
Further good news is the careful relaxing of the LVR by the Reserve Bank for both first home buyers and investors which could allow both groups more room to move while continuing to promote overall stability.
This news along with our own very strong sales results shows that our wide range of product offerings and sound understanding of market conditions is continuing to work in favour of our customers. We welcome every opportunity to help you achieve the goals that are important to you – whether you’re looking to sell or purchase property.
EVES, more people selling more property.