BNZ-REINZ Residential Market Survey Results - December
Residential real estate market becoming more active.
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Our latest BNZ-REINZ Residential Market Survey of New Zealand’s more than 10,000 real estate agents has found a clear lift in activity over the past month. More first home buyers are perceived to be seeking homes and for the first time since September a net positive proportion of agents now feel that investors are entering the market. A net 24% of respondents feel that prices are rising and a net 5% feel that it has become a sellers market.