Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Harcourts Reports Positive September

31 October 2005

Harcourts Reports Positive September With Confident Buyers

September 2005 came and went proving that Harcourts’ huge $200 million more in written sales in August 2005 compared to August 2004 wasn’t just a one-off, according to Harcourts New Zealand CEO Bryan Thomson.

“The September marketplace throughout the country saw Harcourts enjoy another positive month with both listings and sales. New property coming to the market was at a similar level to September 2004 and welcomed by buyers confidently competing at current price levels to purchase their selected property.”

Summing up the September month in the latest issue of Harcourts’ MarketWatch newsletter, Mr Thomson noted that the public had been exposed to a number of local and national issues and their potential impact on the real estate market “from the election result with its various “deals”, the New Zealand dollar, interest rates, inflation, the war in Iraq, and of course the bird flu.”

He added however that it was important for buyers and sellers to focus on the ‘drivers’ behind the real estate market rather than other factors which had much less of an impact.

“The real estate market is driven by job security and job growth, individuals’ incomes, confidence in the future, business success and immigration – which all add up to a positive situation at the moment. He added that most real estate sales were made to owner occupiers and/or long term property investors in contrast to the ‘hype’ which often focused on speculators or extreme cases.

“Owning and living in your own home is about so much more than money. It’s about building families, communities and security.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news