A resurgence of energy and activity for the North Shore market
The built-up demand as a result of the shortage of listings has been producing some remarkable results across all sectors of the market.
A favourable combination of market factors is fuelling the confidence of buyers. The cancellation of capital gains tax combined with tumbling interest rates has assisted with reigniting the market.
Sales volumes remain low when compared to long term averages with 318 North Shore sales in October.
For now, prices are holding steady, yet many are predicting rises on the horizon.
It is going to be a busy run of sales through to the end of the year presenting opportunities for buyers and sellers.
If you would like to discuss buying or selling, simply call me and I’ll be happy to help, achieving the best result for you whatever the market!
Selling by Auction is the preferred option for many. This is because your property is generally on the market for a shorter time, and has the highest sales rate. An intensive, high profile auction marketing campaign attracts genuinely interested, cash-in-hand buyers.
Click here to see the Harcourts Cooper and Co auction results for the last few weeks.