"While conditions remain restrictive, we have been able to engage our online strategies with our team continuing to be agile and responsive for buyers and sellers. There has been a good increase in the number of new listings coming to the market, and this is giving buyers the confidence to view property in safe conditions. Prices have been excellent, and demand is currently at a very high level." Len Day, Ray White Austar Group Director with offices in New Lynn, Green Bay, Blockhouse Bay, Titirangi, and Central West.
The uncertainty of the COVID-19 pandemic and the restrictions in place throughout New Zealand at varying levels has not yet become clear, given that the Delta variant is considered more transmissible and the strategy for the government has moved from elimination to now managing the virus through a high percentage of New Zealanders being vaccinated.
For the real estate market, while restrictive trading has seen sales numbers reflect the limitation of access and the movement to remote auctions, the prices have remained stable, and the buyer depth has continued to be active across all markets.
