Time has flown by since my last blog. Christchurch seems to be pulling together as a city which is fantastic. I take my hat off to everyone involved. I am sure that emotionally things are still a challenge for many down there.
Recent figures released show that whilst real estate was and is not a priority in the city, it is evident that many are determined to rebuild. There were 340 written sales in March with 228 settled sales. Read more from the Harcourts market watch
Locally, Hamilton enjoyed 215 house/apartment sales with 17 sections compared to 162 in February and 12 sections. There have been positive signs that the market is definitely evolving with sales volumes rising 5.4% nationally for March compared to February. (figures and statements from Real estate institute and New Zealand Herald).
At the moment we have all of the ingredients and signs of a growing market—low interest rates, an influx of first home buyers, investors returning to the market and home traders active again. I personally have noticed a busy last couple of weeks, and I am sure that this is reflective of a change in the market.
Socially Hamilton has enjoyed some fantastic events over the last few weeks. The Hamilton V8 car racing – which was of course celebrated even more with a Kiwi winning! Our schools also done extremely well in the Maadi cup regatta held at Lake Karapiro with some of the results as listed below:
Waikato Diocesan School— among winning a number of gold medals were the winner of the Star trophy—congratulations.
St Johns School—a novice team of 15year olds won Gold for the U18 4+ (N) – exceptional!
Hamilton Boys High School—gold in the U15 4x+ and in the U15 8+
St Peters School– won the presidents skull trophy.
And of course how could you miss the Balloons over Waikato. You can still see the odd one around at the moment, making most of the fine weather.
All in all an great, busy and enjoyable time.
May 04 2011 10:46 am | Uncategorized