First Quarter House Sales Drop
The first three months of 2010 saw a drop in the number of house sales in Gisborne NZ. A little over 100 house sales were reported for the first quarter in the city, thats a drop of 18% on the previous quarter. Investors are holding back on buying low end properties which resulted in the median house sale price rising. At the top end of the market, there hasn’t been a lot of movement, however sales at Wainui Beach have been stronger. Watch this week’s report for a quick update.
