Confidence returns to NZ market as listing increase

[Nicholas Wallwork]

More properties are being put up for sale in New Zealand as*sellers become more confident of getting a realistic price*after six months of subdued expectations.

A shortage of properties listed for sale was regarded as a*major factor in recent property price rises but that now may*be coming to an end. According to property website*Realestate.co.nz listings rose 19% in September, compared to*August, while year on year listings also grew for the first*time in 2009.

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[Go West]

Hi there
what you are saying is true !!!
not just more sellers listing their property there are more buyers make purchase as well.
this is why I have now decided to sell my commercial property in New Zealand for 200k (100k less than what i wanted for it last year).
let me know if you are interested in 10.4% net return (this is the return on my property)
regards
erez