December Sales Review
Auckland House Buyers assess the holiday slump and its effect on the 2016 market.
The number of sales from December 2015 was the lowest they have been in 4 years. They were down 19.3% from November showing a significant drop in the market from what was an extremely active year for real estate. The number of listings also dropped by 55% making it hard for January to be able to keep up with the pace of Auckland’s growing demand for property. For those who are looking to sell privately this is the perfect time to consider it as there is little in way of competition as a result of the holiday slump.