While the holiday season is traditionally a slower time for the real estate market, this year looks set to buck the trend.
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Raine and Horne co-director Mathew Longmore said December was as busy as it had ever been in terms of sales.
"As soon as you get into December there is (usually) a slow, because everyone's thinking about holidays, Christmas presents," Mr Longmore said.
"We haven't seen that at all."
He said houses were continuing to spend short periods on the market, with good homes for sale and rent not lasting more than a few days.
PRD Wagga residential sales consultant Ryan Smith said while people usually did not want to move over the Christmas break, many renters had little choice this year and buyers showed no signs of slowing down.
"That's probably due to the lack of stock we have," Mr Smith said.
He said fewer properties were going up for sale but demand remained high, and the rental market was "madness" with large numbers of potential tenants still competing for a smaller amount of properties.
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While these conditions have been around since NSW came out of lockdown, it is set to get even busier in the new year.
Mr Longmore said the beginning of the year was traditionally a busy period especially with renters finishing their leases or moving into town to start the new year.
Those factors, he said, mixed in with other current drawcards for Wagga.
"It feels like there is quite a big move from people from the cities into the bush or out to cities like Wagga, there is a shift of where people want to live," he said.
Those making the move who can't immediately find a place to buy are finding themselves entering the rental market temporarily, increasing the Wagga tenant pool.
Mr Ryan said there was a "large drive of mature people moving back home" and even younger people wanting to get out of the "hustle and bustle" to be with family.
He said these factors came on top of the evergreen drawcards of military, university and other strong employment areas which underpin Wagga's transient market.
With the busy season looming Mr Smith said he was not expecting the market to slow until at least mid 2021.
"We're expecting the same as what's been happening ... the lack of stock and oversupply of prospective tenants," he said.