We note ongoing commentary around the strength of New Zealand’s housing market and that it maybe is significantly over priced. The question that remains surely must be one of supply/demand. It’s hard to imagine a significant change of value in a market that has a shortage of supply, ongoing demand and low interest rates.
Have a great Christmas.
Wednesday, December 14, 2011
Wednesday, December 7, 2011
Christmas Rush
It’s amazing what the Christmas rush does. It’s the same every year – lots of properties come on the market, buyers choke over choice, then once the options start to dwindle, decisions are made. Today’s unchanged OCR rate will no doubt further fuel buyer confidence.
Monday, December 5, 2011
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