Monday 16 February 2015

Manager's Comments 16-2-15

This market continues to be difficult. New Plymouth & Bell Block reported sales in January (61), are way down on both January 2014 (Down 15), and December 2014 (down 16). Although we continue to enjoy buyer interest, they certainly have this market under control with judicious selection of property, and conservative offers. The last 3 months of 2014 saw a lift in activity, which is yet to materialize in 2015. With more property being listed these last few weeks we hope this activity returns, but so far the buyers are still on holiday.

John Christiansen