Trading room floor scenes at auction as Marlborough's housing stock reaches new low

Wendie Cantwell and Kyle Powell bought one of the lots. The Blenheim couple had a house in town, but wanted more land.
“We have been looking for a section for about five years, on and off. It is hard to know what to do because you obviously have your plan but then your plan does not happen because there are so many variations to what can happen between banks, builders, the market ...
Brya Ingram/Stuff
Cantwell accepted “the price we paid today is relevant to the market”.
The Wai-iti sections were listed with Bayleys Marlborough. A 502 square metre section had a reserve of $310,000. A 1093sqm section was starting at $350,000.

Related Keywords

Wai Iti ,New Zealand General ,New Zealand ,Kyle Powell ,Wendie Cantwell ,Angela Bowers ,Bayleys Marlborough ,David Lee ,Glenn Dick ,Bryan Palmer ,Nadine Thomas ,First National ,Real Estate Institute Of New Zealand ,Whitehaven Room ,Real Estate Institute ,வாய் இடி ,புதியது ஜீலாந்து ஜநரல் ,புதியது ஜீலாந்து ,கைல் போவல் ,வெண்டி கான்ட்வெல் ,ஏஞ்சலா பந்துவீச்சாளர்கள் ,டேவிட் லீ ,க்ளென் டிக் ,பிரையன் பாமர் ,நாடின் தாமஸ் ,முதல் தேசிய ,ரியல் எஸ்டேட் நிறுவனம் ஆஃப் புதியது ஜீலாந்து ,வைட்ஹேவன் அறை ,ரியல் எஸ்டேட் நிறுவனம் ,