{"id":25569,"date":"2020-06-03T12:05:31","date_gmt":"2020-06-03T00:05:31","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=25569"},"modified":"2020-06-03T12:05:31","modified_gmt":"2020-06-03T00:05:31","slug":"buyer-demand-for-new-homes-surges-ahead-of-government-stimulus","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/buyer-demand-for-new-homes-surges-ahead-of-government-stimulus\/","title":{"rendered":"Buyer demand for new homes surges ahead of government stimulus"},"content":{"rendered":"

PHOTO: Kimberley and Alastair Hills with four-week-old baby Hunter.\u00a0Photo:\u00a0Supplied<\/span><\/strong><\/p>\n

Buyers eyeing off the federal government\u2019s multibillion-dollar construction package<\/a> are already purchasing land in anticipation of receiving at least $20,000 assistance, industry pundits report, with inquiries in some regions tripling over the weekend.<\/p>\n

The package, expected to be announced this week, is expected help prop up the building industry to avoid a massive economic slowdown brought on by the COVID-19 pandemic, offering grants to existing purchasers as well as first-home buyers.<\/p>\n

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Inside Shane Warne\u2019s $7.4million mansion<\/a><\/h2>\n<\/header>\n<\/div>\n

The Master Builders Association recently proposed a new-home buyers\u2019 grant of $40,000 as a way to stem the industry\u2019s crisis, revealing traffic through show homes was down 90 per cent across the country since the start of the coronavirus crisis.<\/p>\n

But with the news that a stimulus package announcement was imminent, the turnaround in traffic to show homes and land sales displays has been immediate, frontline sales staff say.<\/p>\n

READ MORE VIA DOMAIN<\/a><\/p>\n

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