Karen Worley - Group Marketing Manager
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Year-on-year growth in volume of house sales at January 2010, showed a 39 per cent increase in our region. The NZ growth was 27.5 per cent for the same period.

The continued attraction for new residents, as well as those remaining in the district making a decision to sell and purchase locally, is reflected strongly in this growth. Not only is there a significant number of houses currently on the market, there are now some high profile residential developments under construction and planned.

This is in tune with the continuing population growth and expansion of the commercial, industrial and residential base of Tauranga/Western Bay. It also signals a growing medium to longer term confidence by developers and the business sector.

For prospective home buyers and investors, there has not been this level of choice available for many years. With interest rate rises signaled to be in force in a few months, continuing fine weather enabling home improvements before winter and a growing demand for tenants wanting homes to rent, there are all the signs of a time of real opportunity for buyers.

This week's Real Estate Today is full of those opportunities.