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PHOTO: Tony Alexander. FILE
Each month with sponsorship from NZHL Tony surveys residential real estate agents around NZ to get coalface insights into where the market is at. He tracks results over time to get a feel for how things are changing. His latest survey shows the following main results.
- Investors are becoming more obvious in the residential real estate market.
- Very few buyers are now worried that prices will fall after making a purchase. FOOP (fear of over-paying) has reached a record low.
- The market is strengthening, but there are no solid signs of a frenzy, seen most clearly in FOMO easing marginally this month.
READ THE FULL REPORT HERE: The-NZHL-Property-Report-November-2023-1 (1)
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