8% increase ! + New Changes to Sales Contracts.

More upside predictions for the residential market with the ANZ economists predicting an 8% house price increase this year https://www.interest.co.nz/property/103321/anz-economists-believe-there-even-upside-risk-their-8-house-price-rise-forecast-do

In other news December 2019 ushered in changes to the sale and purchase agreement with respect to conditional agreements. These changes put the onus on the purchaser to make a genuine attempt to complete. Non-performance of both finance and builders clauses require written explanations to be submitted to the vendors solicitor.

It’s busy – we’re back and into it