PHOTO: Tony Alexander – Independent Economist and Speaker
Each month in conjunction with REINZ Tony survey’s residential real estate agents around NZ to get coalface insights into where the market is at. We can track results over time to get a feel for how things are changing. Our latest survey contains a number of results suggesting the market has reached the bottom and improvement beckons.
- The net proportions of agents seeing more people attending auctions and open homes are at their highest levels in over two years.
- FOOP – the fear of over-paying – has fallen to its lowest level since January 22.
- FOMO is trending up but remains low with only 9% of agents noting buyers displaying this worry.
- Buyers are becoming less relaxed about listings being plentiful.
Survey results can be accessed here.
https://www.tonyalexander.nz/
https://www.tonyalexander.nz/
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