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New Zealand - No Buyers!

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You'll find some classic quotes in this story from NZ - sound familiar?

http://www.nzherald.co.nz/section/8/story....jectid=10378609

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"Any buyers who did show interest were "pushing for bargains" and he was not prepared to sell below what the house was worth."

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"It's very frustrating. You've done all this work to get the house ready for sale and then you begin to wonder if there's something wrong with it."

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Auckland home owner Geoff Dale is annoyed at the current state of the market. He and his wife Marie put their four-bedroom Mt Albert bungalow on the market last November, listed it with a real estate agent, paid for marketing and advertising and expected it to sell at auction.

The agent told them their price expectation, in the $800,000s, was realistic.

But the house didn't sell. In fact no one even bid at the November 30 auction. Since then it's been a continuing, depressing cycle of cleaning and tidying the house ready for weekend open days to which few turn up. Sometimes not a single person comes.

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  • 302 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%



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