Against the backdrop of the deepening international recession the New Zealand property market is set to enter a long flat stage later this year.
Given that the outlook could be worse, most of my property consulting clients are surprisingly upbeat and enthusiastic, seeing opportunities...
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Olly Newland: Safe tenancies way to prosper
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House prices will keep falling: Bollard
House prices will continue to fall through the year, Reserve Bank Governor Alan Bollard told MPs today.
Speaking to Parliament's finance select committee after cutting the official interest rate to 3 percent from 3.5 percent, he warned that the timing and extent of global recovery remained... -
A little more cause for hope in housing market
A further indicator has emerged suggesting some signs of hope for the troubled housing market.
BNZ's latest confidence survey, carried out among the 16,000 readers of its Weekly Overview, shows a general deterioration in sentiment compared to the last survey back in December.
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Housing recovery seen
By DAVID HARGREAVES - BusinessDay
Leading Auckland real estate firm Barfoot and Thompson says there are signs of a recovery in the housing sector - with more buyers and sellers entering the market.
The firm, which says it handles around one in every three Auckland homes... -
Experts' tip: Now's the time to buy a house
If you are secure in your job and have enough money saved, now is the time to buy a house, say real estate experts.
No one should try to pinpoint the bottom of the housing market and if the price is right, the timing is perfect, says BNZ chief economist Tony Alexander.
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