Wednesday, 7 April 2021, 3:03 pm
“Despite the Government’s housing initiatives
announced last month, aimed particularly at cooling off
investors, the country’s overall real estate market
remains hot,” says Derryn Mayne, Owner of Century 21 New
Zealand.
Her
comments come as REINZ today released April’s REINZ &
Tony Alexander Real Estate Survey. It revealed a net 56% of
real estate agents continue to feel that prices are rising
– the same proportion as August last year. At the same
time, a net 66% feel that FOMO remains a factor for buyers
– also a very similar result to August.
“This is
the first significant industry survey since the housing