Bindi Norwell CEO of REINZ had this to say “The Nelson/Marlborough/Tasman region all saw median prices increase year-on-year, with the Tasman region increasing 14.2% to $680,000. Additionally, both Tasman (95) and Nelson (121) had their highest July sales count since July 2003 and July 1993 respectively. There are more first home buyers in the market this month and they appear confident and active. A similar number of investors are still present in the market compared to last month who are looking for rental investments. There is a positive attitude from investors regardless of what the next few months may bring. Vendors remain positive about price expectations as property is moving quickly and the market remains upbeat. Overall, the market is busy driven by buyer demand and attractive interest rates as well as the desire for first homes buyers to either get on the property market or investors to remain in the market. It is expected to be more of the same as we head into Spring.”