Housing Market Offers Opportunities to Savvy Sellers
REINZ figures, released today reveal the 7.3% decline in listings last month was the lowest number of new listings for the month of June since listings records began. Sam McIntyre, Co-owner of Tall Poppy Real Estate, says this should encourage people to act now if they’re thinking of selling.
“There is a shortage of homes available to purchase - meaning buyers have fewer properties to choose from. If you’re planning to sell, but are waiting until Spring, you should consider listing now. You will get ahead of the traditional Spring rush, a crowded market - and are likely to achieve a better outcome,” says Sam McIntyre.
REINZ figures for June also show a 3.8% decline in the number of residential properties sold, in contrast to Tall Poppy’s continual, accelerated growth.
“Tall Poppy’s sales grew by nearly 60% during the same time period, as did the number of new listings, which was also up by 60%. We want to thank all of our customers for their support, particularly as we continue to expand and enter new regions including Picton, which we launched on 1 July,” says Sam McIntyre.
Still unsure on whether to sell in Winter? Click here for 5 Reasons to Sell in Winter