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  1. #11

    Default

    What notion would that be ?

  2. #12
    Join Date
    Jul 2012
    Location
    Tavua, Fiji
    Posts
    3,347

    Default

    I don't see any more measures I think they will realise it is impossible and the dairy industry collapse is becoming too much of an issue now, their focus will shift I reckon to that.

  3. #13

    Default

    Quote Originally Posted by speights boy View Post
    what notion would that be ?
    Quote Originally Posted by speights boy
    only if nz based speculators and investors are a large part of the auckland market.
    are they ?
    As above.

    No worries, I see your statement is just an opinion. Similar to most of us. Not a fan of beating around the bush. Cheers

  4. #14

    Default

    Quote Originally Posted by Damap View Post
    I don't see any more measures I think they will realise it is impossible and the dairy industry collapse is becoming too much of an issue now, their focus will shift I reckon to that.
    Haha, you are right Damap.

    Knee jerk effect, trying to solve a non-existence problem. There are more important issues out there to resolve.
    Last edited by chrisgoh; 05-08-2015 at 11:51 PM. Reason: grammar

  5. #15
    Join Date
    Jul 2015
    Posts
    103

    Default

    RE agents I deal with in the central city (ponsonby,grey lynn,) are saying sales activity has been low in the central suburbs but good prices still been achieved. my take on this is people are not selling as they see continued price increases which in turn adds to the shortage of listings and prices are still rising, therefore sales are occurring where there is housing stock been created (Hobsonville for example, 2 sales per day in the 500-800K range) so there are more sales occurring in these lower price brackets, hence barfoots lower median sales data. From what I have seen there is no slow down occurring, not out west anyway.

  6. #16
    Join Date
    Sep 2013
    Location
    Auckland
    Posts
    3,885

    Default

    Barfoot admit their july volume or activity has been highest in 15 years, so what slow down?

    i think we are beginning to see a buying frenzy getting frenzier!

  7. #17
    Join Date
    May 2015
    Posts
    214

    Default

    Three Kings bungalow (section not subdividable) today sold for 1.78m @ barfoot auction - what slowdown? Imo lower interest rates will support the auckland market.
    Last edited by donna; 09-08-2015 at 10:58 AM.

  8. #18
    Join Date
    May 2015
    Posts
    214

    Default

    After 1st October will sellers of residential investment property within two years who make a loss be able to automatically claim the loss as a tax write off? Can anyone confirm?
    Last edited by donna; 09-08-2015 at 10:57 AM.

  9. #19

    Default

    The draft regulations are expected to be released this month.

  10. #20

    Default

    Agree. There is no slow down in the market, especially in Central Auckland. House price are going high now. 2 bedrooms unit in Three Kings are selling above $750k+ . This is similar price to of Epsom/Mt Eden double grammar zone 2 bedrooms unit last year. This year's minimal price for Epsom/Mt Eden double grammar zone 2 bedrooms unit are going at $850K to $900k+


 

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