Thursday, November 6, 2008
Change
What a week for our world. The Obama win was the American response to a call for change. This weekend we will see if New Zealanders respond in similar fashion. Interest rates continue to be talked about in downward terms. We are noticing an increase in offers and sales – certainly, this is somewhat seasonal, but there’s no doubt interest rate falls are injecting confidence. We have had several very competitive auctions this week – the first for some time. Spring time is on our market!
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