Winter Marketing Makes Sense

Each year about now we note a shrinking of marketed homes for sale. Vendors presuming that they won’t get as much for their home in winter. Buyer demand is worth more than sunshine. Right now buyers are still out in force with less to look at. It’s a great time post Budget to be for sale.

Positive reaction to this years budget

We note the changes to some of the rules around investment property; this may influence some landlords to sell. Tax cuts however will allow many renters to become purchasers of these homes. On balance a good Budget.

Less homes being marketed in Auckland

We note a decrease in the number of marketed properties and a slowing of buyer activity. Could be all in anticipation of the budget next week.

Those currently for sale however are receiving strong attention.

Top end is begging to move

Wow, it’s busy. Don’t be fooled by the headlines. Buyers are hunting hard and making decisions. We’ve also noted a return to activity in the $2 million plus range.