| From Stuff.co.nz: People wanting to sell their house should take the first "reasonable" offer they get, according to Paul Joblin, Real Estate Institute of New Zealand (REINZ) Wairarapa spokesperson.
At least that is the best advice over the next few months with continuing uncertainty over what direction the residential property market might take. But based on the latest figures from REINZ it is a continuing downward spiral with the median house price falling and the number of sales low. Last month there were 31 houses sold in Wairarapa, an increase of three from August but only half for the same period 12 months ago. Two years ago 124 houses were sold in September..... Full Article: Source
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