Peter Thompson: Barfoot & Thompson managing director on May property demand soaring to highest level since 2021

from Best of Business · host Newstalk ZB

Auckland's largest real estate agency experienced a significant boost last month. Barfoot & Thompson's property sales for May were up 30 percent on April and up 27 percent compared to May 2023. The agency's managing director, Peter Thompson, says the company's experiencing a small boom in demand, which has been lessened by the current interest rates. "I think we're in for a quite a good little slow boosted market. Interest rates are still the big thing that's holding the market really taking off." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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