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" The best team in Waikato! We were so fortunate to have found Sue and Donna when we moved to Hamilton. They helped us find the right house in the right neighborhood for the right price. Throughout the past several months, Sue and Donna have been there every step of the way. They always answered every call or email no matter..."
- Y Sawaie & M Thainat"Sue Hall recently acted for me with respect to the sale of one of my properties and she had also previously acted for me with the sale of another property. I must say that it has been a pleasure to deal with Sue. She is courteous, efficient, very direct and business like with her statements and communicates regularly. As a busy..."
- JohnSticking with Tradition
Bindi Norwell, CEO of the Real Estate Institute of New Zealand featured on 1 NEWS Breakfast this morning to discuss the New Zealand real estate market.
Traditionally, Winter brings a slowing of the Real Estate market and this year, we appear to be sticking with that tradition. A slower market however does bring positives.
For sellers, buyers are still very much aware of the market and they are familiar with any stock that is already available. Bringing your property to the market during the Winter months and ensuring that it is priced sharply, will be a sure fire way of grabbing those buyers attention and getting a result.
During this time, buyers face less competition to secure a property. They are also afforded more time to see what other opportunities are available and to weigh up their choices more thoroughly.
Despite the traditional Winter slow-down, many regions are still experiencing strong growth. The latest figures from the REINZ show that the median residential house price for New Zealand is $460,000 which is an increase of 7% on June 2017.
For Lodge Managing Director, Jeremy O'Rourke's latest report on the Hamilton Real Estate market, click here.
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