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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?



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


"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."


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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