Peter Thompson: Barfoot & Thompson managing director on May property demand soaring to highest level since 2021
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
Auckland's largest real estate agency experienced a significant boost last month.
Barfoot & Thompson's property sales for May were up 30 percent on April and up 27 percent compared to May 2023.
The agency's managing director, Peter Thompson, says the company's experiencing a small boom in demand, which has been lessened by the current interest rates.
"I think we're in for a quite a good little slow boosted market. Interest rates are still the big thing that's holding the market really taking off."
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