Trade Me sees record property browsers

Friday 19 February 2010

Trade Me Property saw a record number of unique browsers and enquiries about properties in January despite sales being at a two-decade low.

By Jenha White

Head of Trade Me Property Brendan Skipper says the website had 1.1 million unique browsers and 140,000 email enquiries sent to Trade Me property listings. There are usually about 100,000 enquiries a month.

First National general manager John Stewart says contracts generally tend to peak seven to eight weeks after online viewing peaks, so it could be mid-March before quantifiable results are seen in sales from the Trade Me figures.

He also says that First National had a record number of browser viewings for 11 of the last 13 months and "have we had record sales? No, it's been very tough".

Both Skipper and Stewart agree that today's buyers can get a whole lot of information without an agent by being savvy and researching on property websites.

"People are doing the research themselves and then coming into see an agent having decided the properties they want to look at a lot of the time, people are being very selective about buying," says Stewart.

Bookmark and Share

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Landlords.co.nz go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:



House Prices

Soft housing activity predicted for the rest of the year amid weak REINZ data

Economists are predicting the housing market will stay soft for the rest of the year after Real Estate Institute data showed sales volumes stayed under pressure last month.

Commercial

Review may give investors some depreciation relief

Commercial and industrial property investors should still be able to claim significant depreciation allowances, an asset depreciation expert says.

Mortgages

Economist pushes out dates for next OCR hikes

One economist has pushed out the date for the Reserve Bank’s next official cash rate hike citing recent downgrades to its forecasts for global GDP growth, including in Australia and New Zealand.

 
Previous News

1 September 2010
Showcase Auckland hotel Westin Lighter Quay in chaos

31 August 2010
Housing consents fall

29 August 2010
Economist pushes out dates for next OCR hikes

27 August 2010
Property investors need be careful with family trusts

26 August 2010
Review may give investors some depreciation relief

20 August 2010
Latest immigration numbers good for housing market

18 August 2010
Property investors targeting private sellers

Search archive for more news >>