PHOTO: Tony Alexander. FILE
Each month in conjunction with REINZ, Tony Alexander surveys residential real estate agents around NZ to get coalface insights into where the market is at. Tony tracks results over time to get a feel for how things are changing. The latest survey shows improving levels of activity and the following key points.
- FOMO is rising while FOOP (fear of over-paying) is declining.
- More people are attending open homes and auctions.
- Buyers are getting more concerned about the number of properties available for purchase.
Survey results can be accessed here.
https://www.tonyalexander.nz/ wp-content/uploads/Tony- Alexander_Report_July-2023.pdf
https://www.tonyalexander.nz/