"Do you think that is “their home” or their investment property?..."
Impossible for me to know, unfortunately.
However, it's also my feeling that this is an indication that we might be looking at the start of some market movement (aka positive for the market). Obviously that's just one month of data, which isn't enough for a trend, but it's looking good.
I'm seeing a massive number people in the month of January contacting real estate agents of all brands across the country, asking for assessments of their home with the view to possibly sell.
I wish I could share my source and more information, but the source would jeopardize my anonymity (if the above paragraph hasn't already, because there are only a few people with access to that information) and secondly, it's not my personal data.
Do you think that is “their home” or their investment property?
This article is hinting that now is a great time to invest so an increase in properties for sale may be a help, but realistically building more is required to get demand - supply equal.
"Do you think that is “their home” or their investment property?..."
Impossible for me to know, unfortunately.
However, it's also my feeling that this is an indication that we might be looking at the start of some market movement (aka positive for the market). Obviously that's just one month of data, which isn't enough for a trend, but it's looking good.
I'm seeing a massive number people in the month of January contacting real estate agents of all brands across the country, asking for assessments of their home with the view to possibly sell.
I wish I could share my source and more information, but the source would jeopardize my anonymity (if the above paragraph hasn't already, because there are only a few people with access to that information) and secondly, it's not my personal data.
Do you think that is “their home” or their investment property?
This article is hinting that now is a great time to invest so an increase in properties for sale may be a help, but realistically building more is required to get demand - supply equal.
Well, this article certainly supports my January data: https://www.interest.co.nz/property/126638/home-buyers-are-spoiled-choice-number-homes-sale-hits-eight-year-high
It certainly does. My local agent says it’s also multiple markets with lower valued homes selling very well. Which fits with the FHB growth I guess