Upper end is starting to move

Buyers are out, auctions are competitive and selling, offers are in play, and sales are being made.

Finally the city is back and getting on with business. We note with interest a resurgence of activity in the $2 million plus range.

Future of property tax, announced

This week’s announcements by Prime Minister John Key have brought to an end the speculation around Property Tax. This alongside schools now back, has seen activity very much on the increase.

Aucklands average house price

Put no store in today’s news of a significant drop in Auckland’s average house prices. It’s a statistical aberration, based on January’s low sales volumes. Buyers’ attitudes remain upbeat. Interest rates are low, activity is on the increase.