A 26 percent increase in home resales since Covid arrived in New Zealand
A 26 percent increase in home resales since Covid arrived in New Zealand
11 June 2022
New data from Valocity shows eight-thousand seven-hundred properties were bought and resold in the two years to April this year - a big spike on the two years to the end of April 2020.
OneRoof's Owen Vaughan believes buying properties and flipping it for a profit are going to soon be a thing of the past - as the market enters a new stage and prices begin to drop.
He says we're not going to see the profits seen in 2020 and 2021.... as those days are numbered.
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