标题: ZT: Big jump in house sales tipped once vote is over [打印本页] 作者: NewLynnHse 时间: 2014-9-17 12:33:47 标题: ZT: Big jump in house sales tipped once vote is over
House sellers and estate agents will breathe a sigh of relief after Saturday's election, which is expected to end a property market lull caused by hesitant buyers sitting back to see how the politics play out.
A general feeling of uncertainty, talk of a capital gains tax and proposed warrant of fitness schemes for rental housing - alongside loan-to-value ratio restrictions on mortgages and the usual winter hiatus - are behind the quiet spell, industry experts say.
Real Estate Institute figures for last month show dwelling sales dropped 7 per cent from the previous month.
The latest monthly QV Residential Price Movement Index shows a continued reduction in transactions and low listings in the Auckland region.
Real Estate Institute chief executive Helen O'Sullivan said the election had played a part in the drop-off.
Westpac senior economist Michael Gordon has talked about "pre-election jitters", and real estate firms Harcourts, Bayleys and Barfoot & Thompson agree.
Every three years, the pace of sales slumped in the 12 weeks before a general election, said Bayleys Real Estate managing director Mike Bayley.