REINZ & Tony Alexander Real Estate Survey – September 2020

In this month’s survey, agents report that they are seeing more people attending auctions and Open Homes, whilst pricing perceptions have risen strongly from our first survey back in May.

Far fewer investors now believe that they will find bargains, fewer buyers generally retain fears that prices will fall, and a net 81% of agents report that they are seeing property prices rising.

Listings remain in short supply and many buyers continue to report that getting finance is relatively difficult. In Auckland, there is no substantial evidence to suggest the recent lockdown has had a deleterious market impact.

Click here to read the full report

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Tony Alexander

Tony Alexander

Tony was the Chief Economist at BNZ for over 26 years. He has spent three decades back in NZ since the 1980s writing more about the NZ economy than anyone else in NZ history, and in the past two decades has delivered 80-120 presentations each year around NZ and offshore. His audience has always been the average home buyer and property investor, plus small to medium-sized businesses.

Tony Alexander

Tony was the Chief Economist at BNZ for over 26 years. He has spent three decades back in NZ since the 1980s writing more about the NZ economy than anyone else in NZ history, and in the past two decades has delivered 80-120 presentations each year around NZ and offshore. His audience has always been the average home buyer and property investor, plus small to medium-sized businesses.

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