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Cooper & Co
Monthly Market Update | February 2020
Published on: 13 Mar, 2020
Cooper & Co
Published on: 13 Mar, 2020
February figures just released showed continuing strength & confidence in the property market, with a record North Shore City median price of $1,155,000. When comparing against the same time the previous year; North Shore volumes were up 68%, the median price was up 17% and days on the market reduced by 24 to 39 days!
Whilst there is a strong awareness of the COVID-19, as yet we have seen little impact on the housing market, and demand remains high. Low, stable interest rates are assisting in driving demand.
In February Harcourts Cooper & Co conducted 117 auctions with an 80% success rate, further confirming the demand from qualified buyers continues.
Update for North Shore market based on REINZ statistics for February 2020, released 13th March 2020.
The post Monthly Market Update | February 2020 appeared first on Cooper & Co.
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