The summer holidays has been a perfect time for home maintenance and Cantabrians are spending up large on property renovation and maintenance.
Placemakers in Christchurch have reported an increase in cash sales – which is a very small part of their business.
“In Christchurch that’s one big construction site forming, and that’s good for our business.”
Christchurch was the strongest market in the country for Placemakers, followed by Auckland, then the South Island as a whole, followed by the lower North Island, which was still a bit subdued.
Property investors are not big spenders on maintenance however renovating their investments is a focus. PropertyTutors educates on how to renovate your property for long term hold renting or a sale. There are lots of tricks of the trade and certainly lots of skills can be acquired by the investor by working with PropertyTutors.
The good news is Christchurch is very much alive and well and people have bounced back and are spending on home maintenance and property renovation which in turn is boosting the local economy and this trend is set to continue.
For tips on renovating get our free ebook 29 Know How Tips
For further reading on Property Investment NZ, click on the articles below:Setting Goals for Financial Independence – click here
Tips for Becoming a Property Expert – click here
Buying Rules for Property Investment – click here
5 Tips to Add Value through Renovation – click here
