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Beware catches in regional housing strength

Gisborne
Wednesday 2nd of March 2016

There have been recent reports of notably high house price growth in small towns like Meremere, Waikato and Gate Pa, Tauranga.

And it has been a matter of public record for some time now that some regions – in particular Waikato, the Bay of Plenty, and Northland – are experiencing strong price and sales growth.

However, as landlords.co.nz has reported before, while growth might be strong in certain areas at the moment, it pays to think about how solid the foundations of that growth is.

Veteran property investor Olly Newland believes the current period of strong regional housing market growth in areas close to Auckland will be short-lived.

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