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  • NZ Property Investor

    REBOUND UNDERWAY

    Jan 29, 2020 5 minutes

    It hasn’t happened overnight, but it has happened. For some months now there have been strong hints that a stronger than expected housing market recovery might be on the cards. The question was not just if, but - if so - when.

    Those questions no longer remain. It seems the market has emerged from its slumber, soaring back to life to end 2019 on a high. The latest data reveals the spring momentum has carried through into summer’s market, with a noticeable increase in activity.

    Alongside the data, there’s a general change in atmosphere supported by anecdotal evidence and noticeably improved optimism among market participants. Most commentators are also presenting upbeat assessments, although there’s less unity when it comes to the specifics. The upshot? 2020’s market outlook is bright.

    STRONG RISE IN SALES

    Perhaps the most

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