Is Real Estate Market Getting Resilient?
The real estate market is experiencing a noteworthy resurgence, marked by ascending prices and a surge in property transactions. The Real Estate Institute’s (REINZ) September report serves as a compass, guiding us through the intricacies of this revitalization. Stabilizing Market Prices The report unveils a stabilization of market prices, ins…
New Zealand’s Residential Property Market Sees Its Largest First-Quarter Decline in 15 Years
The New Zealand residential property market has experienced a significant decline in the first quarter of 2021. According to recent data, this is the largest first-quarter fall in the market in 15 years. While the property market remained strong in some regions, including Wellington and Taranaki, it experienced a significant decline in others, such…