Buyers hold the strongest cards

 

PHOTO: Auckland’s apartment market continues to enjoy steady activity. Photo / Supplied

Auckland’s apartment market has become a clear buyer’s market for the first time in over six years, says Stuart Robertson, sales manager, Bayleys City Living Apartments.

He says 2017 was a year of change and uncertainty in the real estate environment across New Zealand, and the Auckland apartment market has not been immune to this.

“With financial constraints, a new government, and restrictions on investor and overseas buyers impacting on the market, we have seen a market swing to a clear buyer’s market for the first time in over six years,” he says.

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