September 13th Market Update

INDUSTRY UPDATE: Spring has definitely sprung and with it some great signs of renewed activity – brought forward auctions are a sure sign that buyers are on the hunt. We experienced several this week. Put this alongside a resurgence in overall retail spending, maybe we are on the mend https://tradingeconomics.com/new-zealand/consumer-spending
We were encouraged to receive statistical confirmation that the homes we market not only command approximately a third more hits than the average home on Trade Me, but that our average time to sell the homes we market is 33 days versus an industry average of 55 days. There are specific reasons for this – we would be happy to explain.