Sense of normality returning
"The buying and selling public appear to be in ‘normal' mode and are just getting on with their property transactions," says Harcourts chief executive Bryan Thomson.
The company saw a good volume of activity last month, with an average of 26.4% more written sales than in November last year, while the average price was up in four of the five regions.
Prices are at solid levels, Thomson says, and there is anecdotal feedback in the market suggesting the imbalance between demand and supply is easing.
"In the upper North Island regions last month we finally saw an increase in the number of new listings coming forward, which is assisting buyers to satisfy their needs," Thomson says.
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