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Should I Sell
The seemingly relentless pressure on the Auckland property market over the past decade has now given rise to a surprising new phenomenon: the fear of selling.
Overall, according to the August 2016 Regional Report by the Real Estate Institute of New Zealand (REINZ), metropolitan Auckland property listing volumes are down 20.7% when compared with August 2015.
Growing numbers of Auckland home owners have become wary of selling until and unless they have successfully purchased their next property.
It’s a reasonable concern. Many are afraid of ending up with cash in the bank earning minimal returns, whilst paying a high rental as they search for their next home, in a market that continues to rise.
Is sitting and waiting really the best strategy?
We've prepared a free report where we review the alternatives, to help you decide the course of action that’s best for you.