A glimmer of hope for first home buyers
A glimmer of hope for first home buyers
14 September 2021
Latest Real Estate Institute figures show the country's median residential property price has hit 850 thousand dollars, a more than 25 percent rise in a year.
Chief executive Jen Baird says investors appear to be holding on to properties - probably exacerbated by lockdown.
But Baird says there are signs of a spring uplift in listings outside Auckland, since alert levels dropped, offering some hope for weary buyers.
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