Amongst all the economic gloom, there is light.
In today's edition of the Bay of Plenty Times Weekend, we report two positive developments in the Western Bay - a resurgence in the residential property market and news that 10 new stores have opened or are about to open in the city.
Latest real estate figures show Tauranga has just recorded its best monthly house sales in 18 months.
Low interest rates have helped inspire new confidence in the residential market, with nearly 200 homes changing hands across the city last month - a 34 per cent increase on the February volume.
Retailers are also showing confidence in the Tauranga CBD by opening new shops, including clothing stores, a nail salon and a shoe shop.
We all know times are tough. People's personal spending is under pressure and this flows on to local businesses.
BY VIVEK KUMAR
PGDM - 2 sem
In today's edition of the Bay of Plenty Times Weekend, we report two positive developments in the Western Bay - a resurgence in the residential property market and news that 10 new stores have opened or are about to open in the city.
Latest real estate figures show Tauranga has just recorded its best monthly house sales in 18 months.
Low interest rates have helped inspire new confidence in the residential market, with nearly 200 homes changing hands across the city last month - a 34 per cent increase on the February volume.
Retailers are also showing confidence in the Tauranga CBD by opening new shops, including clothing stores, a nail salon and a shoe shop.
We all know times are tough. People's personal spending is under pressure and this flows on to local businesses.
BY VIVEK KUMAR
PGDM - 2 sem
No comments:
Post a Comment