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Speaker 1: Heather duperic Ellen.

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Speaker 2: The Oukland property market got a little boost last month.

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Speaker 2: Barfort and Thompson sold nine hundred and sixteen homes in May.

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Speaker 2: That is the most they have sold in May for

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Speaker 2: three years. Peter Thompson is Barfet and Thomson's managing director

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Speaker 2: and with us now.

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Speaker 1: Hey, Peter, good evening, Heather.

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Speaker 2: The fact that sales are up but prices remain low,

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Speaker 2: if not slightly falling, does that tell you that sellers

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Speaker 2: are finally accepting prices.

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Speaker 1: Yeah. I think that's a good way to describe it.

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Speaker 1: I think what we've called it is a good supply

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Speaker 1: of properties on the market at the moment, which is

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Speaker 1: giving buyers a lot more choice. And the vendors that

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Speaker 1: are wanting to sell their houses, those that are listening

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Speaker 1: to the feedback that the agents are giving them and

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Speaker 1: pricing their properties to sell, are seeing sales being made.

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Speaker 1: There are some vendors that still want that ultra high

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Speaker 1: price and the problem is the longer they keep thinking

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Speaker 1: that they're going to lose the buyers to many other

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Speaker 1: options that are coming on in the market.

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Speaker 2: Do you reckon it'll continue through winter because winter you

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Speaker 2: don't generally get like heaps of sales.

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Speaker 1: Yeah, I think we are in for quite a good

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Speaker 1: little slow boo boosted market. It's interest rates are still

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Speaker 1: the big thing that's holding the market ready taking off.

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Speaker 1: But you know, whilst we've got good buyers out there

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Speaker 1: and plenty of stock, you know people, you know, sometimes

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Speaker 1: the best time to buy probably is on winter when

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Speaker 1: you can find all the leaks and everything that goes

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Speaker 1: with that. You know, if you love it in winter,

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Speaker 1: you're going to really love it in summer, and good

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Speaker 1: at a lot of people do buy in winter, so

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Speaker 1: you know, it is positive science. There will be the

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Speaker 1: slight slowdown with you know, sports and all that played

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Speaker 1: in the weekends by families and the kids in particular,

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Speaker 1: but we're in for a good time, good stuff.

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Speaker 2: I'm pleased to hear you guys need it, Peter, Thank

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Speaker 2: you very much, Peter Thompson, barf and Thompson managing director.

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Speaker 1: For more from here, The Duplessy Allen Drive.

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Speaker 2: Listen live to News Talk SETB from four pm weekdays,

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Speaker 2: or follow the podcast on iHeartRadio.