Navigating the market in a compressed month
Treena Drinnan Chief Agency Officer Ray White New Zealand
April was always going to be an unusual month in the real estate calendar, with the combination of Easter, school holidays, and ANZAC Day compressing the number of active working days. As anticipated, this had a noticeable impact on buyer activity and seller engagement, despite the direction of travel suggesting that buyers are transacting with resilience and intent.
The volume of listings remains high, with 6,983 properties currently listed for sale, an 18.64 per cent increase on April 2024. This signals a high degree of confidence amongst vendors taking their properties to market.
RAY WHITE NOW NEW ZEALAND | 14