INDEPENDENT NEWS

'V Shaped' Recovery Delivers Record Property Sales In New Zealand

Published: Tue 18 Aug 2020 10:25 AM
The faster than expected recovery from the first wave of Covid-19 is just one of the factors behind a record month for Tall Poppy Real Estate, with the company reporting its highest ever sales of 224 homes during July 2020.
The quick return to normal life after the Level 4 Lockdown contributed to strong sales across the country. Michael Seymour, a Tall Poppy Owner and Director, says performance in regions like the Bay of Plenty, Taranaki, Nelson and Kapiti helped the company reach the sales milestone.
“The regions are picking up where they left off. Earlier this year, ahead of lockdown, we launched our free marketing package; giving vendors free advertising and presence where buyers are looking most – Trade Me, Facebook and Instagram. At a time when people are being careful with their spending, innovation like this really counts and it gets homes sold in the best way, attracting more buyers and creating obvious competition.
“We’re also seeing more people returning home to New Zealand because of our success in responding to COVID-19, which is also boosting sales,” says Michael Seymour.
Mike DelPrete, an International Real Estate Expert and Director of Tall Poppy is one of those people and has returned to New Zealand with his young family from the United States. He says New Zealand’s market is experiencing a healthy rebound.

Next in Business, Science, and Tech

Major New Zealand Upgrade Programme Projects Go To Tender
By: NZTA
Reserve Bank Seeks To Preserve Benefits Of Cash
By: Reserve Bank
Double-dip recession next year, but housing rolls on
By: RNZ
Microsoft Expands “Highway To A Hundred Unicorns” Initiative To Support Startups In Asia Pacific
By: Microsoft New Zealand
Fonterra Farmers Taking Another Step Towards New Zealand’s Low Emissions Food Production
By: Fonterra
New Zealand Remains In Top 10 For Energy Balance
By: Business NZ
Businessman Eric Watson sentenced to a four-month jail term
By: RNZ
OECD Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020
By: OECD
Spark Turns On 5G In Auckland And Offers A Glimpse Into The Future Of Smart Cities
By: Spark
Monthly Migration Remains Low
By: Statistics New Zealand
Proglacial Lakes Are Accelerating Glacier Ice Loss
By: University of Canterbury
Fonterra Sells China Farms
By: Fonterra
New Zealand Moves To Protect Cash
By: Next Payments
Zoom Your Lens Over Bright Spots Dazzling In The NZ Economy
By: Kalkine
New Zealand And Uruguay Unite On Reducing Livestock Production Emissions
By: New Zealand Government
View as: DESKTOP | MOBILE © Scoop Media