Steve Koerber's Old Blog

Remuera's house sold name since 1998 – 021864166

What happens to the residential real estate market during an NZ election campaign?

Posted by Steve Koerber on August 9, 2008

Having been through several election campaigns during my 12 years in real estate I’ve found that many buyers during this period use the excuse “I want to wait until after the election”.  An election, rightly or wrongly, instills uncertainty.  Should it though?  Doesn’t life just “carry on”? 

One healthy result of buyer procrastination, is that the election period is likely to be a slightly better time to buy than afterwards (assuming all other factors affecting the housing market remain pretty much the same).  It is likely to present excellent buying opportunities that otherwise may not have existed.

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