I have watched a small teaser clip on a website in which Phil J explains sales volumes dropping off post Daylight savings and during winter.
Does property sales volume decrease post daylight savings and during winter?
I had always thought the same too.
But having done some research I have come to the conclusion that this in not necessarily true. It is more a factor of where we are in the property cycle not the time of the year.
I researched Data from numerous suburbs in NZ going back several years. A couple of suburbs did have a small drop in sales volume for quarter 2 and 3 but it was very small. And there were many more which actually had increases in volume.
My conclusion:
Does property sales volume decrease post daylight savings and during winter?
I found there is no direct correlation between volumes and time of year.
Possibly a Urban legend or unproven Myth.
Does property sales volume decrease post daylight savings and during winter?
I had always thought the same too.
But having done some research I have come to the conclusion that this in not necessarily true. It is more a factor of where we are in the property cycle not the time of the year.
I researched Data from numerous suburbs in NZ going back several years. A couple of suburbs did have a small drop in sales volume for quarter 2 and 3 but it was very small. And there were many more which actually had increases in volume.
My conclusion:
Does property sales volume decrease post daylight savings and during winter?
I found there is no direct correlation between volumes and time of year.
Possibly a Urban legend or unproven Myth.
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