Well if The Block showed us anything; it’s that putting yourself in a position to enjoy competitive bidding can result is an exponential result. Sure it doesn’t happen all the time, but without selling by auction you will be forever wondering how much money you left on the table.

With the news around the economy generally positive and comment that unemployment in Auckland being at its lowest for 2 years, it’s not hard to understand why the housing market continues to march on in spite of the LVR restrictions. We’re busy and getting busier. Great to have a long weekend – enjoy!

Our observation is that the new LVR ‘ special limits’, while slowing the sale rate at the lower end of the market, have not dampened buyer enthusiasm to purchase. Our suspicion is that the current hiatus is a forerunner to a range of creative solutions that will no doubt be forthcoming and see first home buyers return in force.