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Growing optimism within the real estate sector, survey finds

Author
Newstalk ZB,
Publish Date
Thu, 3 Oct 2024, 1:06pm
Photo / Fiona Goodall
Photo / Fiona Goodall

Growing optimism within the real estate sector, survey finds

Author
Newstalk ZB,
Publish Date
Thu, 3 Oct 2024, 1:06pm

Real estate agents are among the businesses feeling more upbeat. 

The Herald's latest Mood of the Boardroom survey shows that business owners are more optimistic than pessimistic about their industries, as well as the local and global economy. 

Optimism varies across the different sectors, with the real estate industry topped the list with an average score of 4.33/5, a substantial jump from last year’s 2.60/5. 

Barfoot & Thompson managing director Peter Thompson told Kerre Woodham that what businesses needed was good news, and that’s what came out of today’s conference. 

He said that they’re already starting to see people come back to their auction rooms, and looking back at the last few months, they’ve seen a big uplift in the number of listings on the market and sales being made. 

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