Property Search on Realestate.co.nz Surges in July to Match Summertime Values

Realestate.co.nz, one of New Zealand’s most popular online property search destination, recently announced a surprising rise in property interest in July, so much so that they matched interest levels that are usually only seen in summer.

Vanessa Taylor, Head of Marketing and spokesperson of realestate.co.nz, said: “Typically, interest in property peaks in the first quarter of the year and then gently declines as we head into winter, before lifting again as we head back into spring.

June is usually more active than July, as measured by unique users. To see this jump in July is unusual, particularly when it registers numbers equivalent to summertime browsing.”

Taylor says that while it doesn’t mean an increase in sales, a 9 per cent increase in unique browse visits on the website indicates that: “Kiwis are still engaged in the housing market.”

While interest was lively, there were fewer homes to consider, as total sales fell 3.8 per cent nationwide compared to last year. New listings are also down 5.4 per cent nationwide compared to July of 2017. Meanwhile, asking prices saw a marginal increase of 0.9 per cent from June to July.

The unusual peak in interest for the property, coupled with a considerable decline in competition, does mean good news for property sellers.  

Ilse Evans, top agent for Harcourts Takapuna Office, backs the real estate.co.nz’s numbers: “I am experiencing a lift in buyer interest at the coal face, supporting this find."

A top seller in the North Shore property market with the experience, expertise and happy clients to back her numerous accolades, Ilse Evans is the agent of choice for selling your Takapuna property during these unique conditions.

For more information on her work, listings, testimonials, and more visit the Ilse Evans real estate website today at https://www.ilseevans.co.nz/.