Merry Christmas!
Hope you all had a peaceful Christmas and are enjoying the festive season. It’s a strange time of year in the rental market – generally quiet but not exempt from the characteristic silly season behaviour. There are the people who’ve waited until two days before Christmas to start looking for a rental and the tenants who want to end their tenancies early to go home for Christmas.
And now all that’s past we’re waiting to see what changes to the rental market the new year will bring. Will the recession take a back seat to the usual summer demand with rental prices climbing again? Or will the record Boxing Day spending mean that people have less to spend on rent in 2009?
The NZ Herald reported “New Zealand’s largest Eftpos company, Paymark, processed $96 million worth of transactions on Friday, a record amount for December 26, and 8 per cent up on last year. The total number of transactions - 1.69m - was up 9.3 per cent.”
So, we shall wait and see what 2009 brings, and hope for a great start to the year.