Property market on swing
There's more confirmation of a sellers' market emerging for property with sentiment from real estate agents picking up on all fronts.
More motivated buyers, stronger prices and more activity from first-home buyers and investors were all themes of this month's BNZ-Real Estate Institute of New Zealand survey.
BNZ chief economist Tony Alexander said the results were similar to the previous month's, with a net 18 per cent of agents now believing it was now a seller's market.
However, there were still regions which were more of a "buyer's market", according to the survey, primarily Northland, Bay of Plenty, Manawatu-Whanganui, and Nelson-Marlborough-West Coast.