Signs of cooling in Hamilton's housing market

Their findings were echoed by Bayleys Hamilton branch manager Mike Gascoigne.
“We’ve certainly seen a little bit of a slowdown over the last six to eight weeks,” he said.
Gascoigne said that for a long period of time, they would see as many as six people battling for a property at auction.
Now he said it’s three people at most.
“The way the market was going at the time was unsustainable, we’re not surprised by a bit of a slowdown,” he said.
In fact Gascoigne said he was still seeing investors active in the market “and hindering first time buyers”.

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