Strong rebound for economic activity in Hawke’s Bay | NZH | HBT

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Strong rebound for economic activity in Hawke’s Bay

Turley & Co property strategist Pat Turley said a recent increase in domestic tourism bodes well for all sectors moving forward.

“Hawke’s Bay is surprisingly busy considering Covid uncertainties,” he said. “People are not travelling internationally, so they are going on holiday more domestically and Hawke’s Bay is one of those destinations.

“There is an anticipation that the region is going to have a good summer as a result of that.”

Turley also said within the property sector, low interest rates were a primary driver for an intensified market in recent weeks.

 

Turley & Co was a contributing commentator to the HBT story:

NZH | HBT | 18 Nov 20 | Strong rebound for economic activity in Hawke’s Bay

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