Prices creeping up even in sellers' markets: Survey

The latest BNZ/REINZ survey of the country’s real estate salespeople shows strong growth in the number of agents reporting more interest from investors and first-home buyers.

And while most regions said they had more motivated sellers than buyers, prices were creeping up everywhere except Bay of Plenty and the Far North.

More agents felt they had higher traffic at open homes in October compared to the month before – a trend that has been increasing all year.

Agents reported that few buyers were backing out after making a conditional offer  - a builder’s report was the main reason for a sale not going through.