Blue Horizons Property

Agents crow about lucky time for home buyers in Chinese New Year of the Rooster

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Jan 17

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Repost: Charlotte Durut – 24th JAN 2017

Biggin & Scott Glen Waverley director Ming Xu and RSPCA Burwood East rooster, Walter White. Picture: Mark Wilson

REAL estate will continue to rule the roost this year, with the lucky rooster scratching out last year’s happy monkey when the Chinese New Year begins on Saturday, January 28.

In a survey conducted by Juwai.com, an online source for Chinese hunting for international property, 56 per cent of real estate agents expect this year’s Chinese New Year to be busier than 2016.

And of the 26 per cent of Chinese planning to travel overseas during the annual festival, 57 per cent plan to purchase property while on holidays.

With the feathered crower considered a lucky sign in traditional culture, Biggin & Scott Glen Waverley director Ming Xu suggested the Year of the Rooster could be an ideal time for anyone to take the plunge into real estate.

“Of all 12 animals in the Chinese zodiac, the rooster leads them all as he wakes everyone up in the morning,” Mr Xu said.

“So the new year is a great starting point for anyone who wants a fresh start including building their portfolio or buying a new home.

“And with the rooster being straightforward and easygoing, hopefully these people will have an easy starting point.”

The Chinese New Year begins on January 28 and it

RSPCA Burwood East rooster Walter White, with chickens Jessie, Skylar and Jane. Picture: Mark Wilson

Mr Xu added that the rooster was also a sign of integrity and punctuality, and offered people a new start while getting rid of bad luck.

“The reason last year was crazy was because of the lack of stock and demand is still quite strong,” he said.

“Consumers are now just looking at good value for money rather than actual areas, and more at medium range properties.

“Whether you’re buying or selling this year, 2017 should be a good one.”