Coastal properties & holiday homes are back in fashion. Buyers are returning to holiday home markets.
• Coastal properties & holiday homes are back in style, 8 years after they fell out of fashion following the global financial crisis.
• One agency sees a brisk business in Wanaka, Riverton in Southland, Whangamata, Waihi and Mt Maunganui.
• Property research house CoreLogic confirmed there had been healthy increases in some holiday areas, but it was a mixed bag.
• CoreLogic said agents would be seeing seasonal interest from holidaymakers, but it’s unclear if there’s a broader trend.
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