Confidence up for commercial and residential property in Hawke’s Bay

  • Confidence is growing in the Hawke’s Bay commercial and residential property markets, according to the Colliers International survey for the first quarter of this year.

Hawke’s Bay was the only area outside of Wellington to see confidence grow across both commercial and residential markets in the first quarter of this year.

The Commercial Property Investor Confidence Survey showed net confidence in the Hawke’s Bay market was at 13 per cent, up 1 point from the last quarter.

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GOING UP: Confidence in both commercial and residential property is up. PHOTO/DUNCAN BROWN