Sunday, February 15, 2009

Australian bush fires

The most outstanding events of the week must be the devastation of the fires in Victoria. Our thoughts and prayers are surely with the affected families.

Meantime, activity in the residential market continues in an upbeat fashion. We note, in particular, increased inquiry from overseas buyers, mostly ex-pat Kiwis who are making the most of the softer values combined with an attractive exchange rate.

No comments: