More sales, prices rise as activity builds in the property market
With a significant increase in property listings, the rise in the total number of properties sold, and an increase in the median sale price, some buyers are holding out for the ‘right’ property while others are getting ‘into the market’ before competition rises as investors return.
This buoyancy is a positive sign that we haven’t seen for a while.
(source: REINZ February Property Report)
We are looking at the back of the government’s 100-day plan and the changes to the bright line test back to two years and the latest reintroduction of interest deductibility on investment properties for landlords
REINZ Chief Executive Jen Baird says with the combination of high listing numbers, elevated stock and shifts in the median sale price we are seeing increased activity.
Tauranga City Median Price
Feb-24 $901,500
Jan-24 $915,000
Tauranga City Sales
Feb-24. 207
Jan-24. 119
Feb-23. 170
If you want real estate advice or more info on the current market in your area give me a call - 0274 951 536
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
Poll: As a customer, what do you think about automation?
The Press investigates the growing reliance on your unpaid labour.
Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.
We want to know: What do you think about automation?
Are you for, or against?
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9.6% For. Self-service is less frustrating and convenient.
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43.4% I want to be able to choose.
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47% Against. I want to deal with people.
Clear out your books!
The annual Rotary Book Sale is on again, Sat 28th Feb and Sun 1st March. We need books to sell - also art, jigsaws and music. Proceeds go to a range of local activities inc.uding K Vallet conservation, Riding for the Disabled, and Foodbank.
Drop off points are:
Farmlands Tauriko and Te Puna
Wet&Forget, Chapel St
Caltex Greerton, Bayfair and Katikati
Z Energy, 11th Ave
Philips Garage, Fraser St
BP Delta, Cherrywood
Villa 71, Bob Owens Village, Bethlehem
Bunnings on Cameron Rd
20 Ririnui Place, Maungatapu
Papamoa Sports & Rec Centre, in Gordon Spratt Reserve
The Coffee Club, Omokoroa
Challenge Service Station, Omokoroa
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