Jump to content
House Price Crash Forum
Sign in to follow this  

Going Pear Shaped In New Zealand Too

Recommended Posts


By Anne Gibson

High interest rates, two long holiday weekends, long school holidays and many weeks of hot weather have combined to drive buyers away from the housing market.

Harcourts, the country's largest real estate agency, saw its sales volume drop 30 to 40 per cent last month and chief executive Bryan Thomson is blaming a combination of factors.

He said many agencies were reporting an extremely slow start to the year.

Auckland's biggest agency, Barfoot & Thompson, reported the slowest January in five years, and blamed interest rate rises.


Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.