🏡 Real Estate Market Update December 2023
Market Commentary supplied by Peter Thompson, Managing Director of Barfoot & Thompson (BT) on 6th December 2023.
Highlights:
* Number of BT Sales increased significantly in November 2023.
* Prices recovered most of the ground lost during the previous 12 months (since November 2022).
* Momentum changed in the second half of November 2023 (after the election).
* November was the highest number of properties sold by BT for 21 months.
* Number of properties sold is more than 30% higher than in November 2022.
Call me on 021 257 5018
Gabrielle Elborough, Real Estate Agent
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Poll: Do you think NZ should ban social media for youth?
The Australian Prime Minister has expressed plans to ban social media use for children.
This would make it illegal for under 16-year-olds to have accounts on platforms including TikTok, Instagram, Facebook and X.
Social media platforms would be tasked with ensuring children have no access (under-age children and their parents wouldn’t be penalised for breaching the age limit)
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Do you think NZ should follow suit? Vote in our poll and share your thoughts below.
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84.6% Yes
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13.9% No
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1.4% Other - I'll share below
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