Residential property buyers looking for homes over the million dollar mark are more confident than ever when it comes to purchasing in the Hamilton market.
"A year ago, we were seeing hesitancy from buyers at the top end of the market to purchase homes over the million dollar mark in Hamilton," said Lodge Real Estate managing director Jeremy O'Rourke.
"Buyers often perceived they might struggle to make a capital gain - or even recoup costs - on such a high value property when they eventually sold.
"However, this attitude has shifted dramatically. Over the past few months, buyers in this top bracket are very confident about purchasing homes in Hamilton. There are multiple buyers active in the Hamilton market who are competing for properties above the million dollar mark," Mr O'Rourke explained.
Mr O'Rourke said there was 34 sales above a million dollars for the 12 months ending March 2016 compared to 18 for the same period ending March 2015.