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It has now been more than a month since the re-emergence of Covid-19 in our community and the subsequent lockdowns, giving plenty of time to assess its impact on the property market.
New Zealand’s property market remains relatively strong despite the recent movement of Covid-19 Alert Levels throughout the country, with a number of key property performance indicators holding their own in recent months.
Contrary to many economists’ predictions, most actual, key property market indicators are looking positive for sellers when you look at June sales data, with the number of sales throughout the country in June 2020 up 11% on the same month last..