Buyers Still Evident

Saturday, 13 October 2012, 3:59 pm
Press Release: Bank of New Zealand

This month’s survey of over 10,000 licensed real estate agents throughout New Zealand has found continuing strong property demand from young buyers and investors, prices perceived to be rising, and sellers having the upper hand.

None of the main measures we track has shown a particularly strong change over the month and this accords with official data from the REINZ showing upwardly trending but not rapidly changing dwelling sales and prices.

http://img.scoop.co.nz/media/pdfs/1210/Survey_October_13.pdf

Tony Alexander
Chief Economist
Bank of New Zealand

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