Large master planned communities that have been under development like Jack’s Point and Hanley’s Farm are now releasing their next stages. You will have more stock coming to the market in the next few years.

Rises in interest rates and stricter lending criteria from banks expected to dampen some of the momentum in the market. Buyers should keep pre-approvals up to date and vendors should carefully consider offers that are conditional on finance.

Queenstown an international tourist destination is already receiving interest from international buyers and not just expats.