The Wanaka real estate market is defying traditional seasonal expectations with remarkable resilience. May 2024 recorded 41 house sales—the highest turnover since March—during what's typically considered a quiet "shoulder season" before winter visitors arrive. With median house prices holding steady at $1,440,000 and 21 land sales completing at a median of $675,000, the market shows solid fundamentals despite broader economic pressures. Duncan Good from Ray White Wanaka shares valuable...
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The Wanaka real estate market is defying traditional seasonal expectations with remarkable resilience. May 2024 recorded 41 house sales—the highest turnover since March—during what's typically considered a quiet "shoulder season" before winter visitors arrive. With median house prices holding steady at $1,440,000 and 21 land sales completing at a median of $675,000, the market shows solid fundamentals despite broader economic pressures. Duncan Good from Ray White Wanaka shares valuable...
Lower Interest Rates Are Breathing New Life Into Wanaka Real Estate
The Goods on Real Estate Podcast
7 minutes
7 months ago
Lower Interest Rates Are Breathing New Life Into Wanaka Real Estate
Lower interest rates are breathing fresh life into Wanaka's real estate market, with the fourth consecutive OCR drop creating a significant boost in buyer confidence. Our latest market analysis reveals 36 local property sales in March, maintaining a healthy median price of $1,475,000 – remarkable stability in what continues to be a globally uncertain economic climate. What truly sets Wanaka apart is its proven resilience during turbulent times. While international conflicts rage, stock marke...
The Goods on Real Estate Podcast
The Wanaka real estate market is defying traditional seasonal expectations with remarkable resilience. May 2024 recorded 41 house sales—the highest turnover since March—during what's typically considered a quiet "shoulder season" before winter visitors arrive. With median house prices holding steady at $1,440,000 and 21 land sales completing at a median of $675,000, the market shows solid fundamentals despite broader economic pressures. Duncan Good from Ray White Wanaka shares valuable...
