CoreLogic sees house price downturn 'winding up'; Listings at 16-year low as sellers hold tight before potential change of Govt; Business confidence firms; O'Connor accepts farmer refusal on urea tax
Here we go again... Whenever the banks and real estate industry announce "green shoots in the housing market", it always sounds to me like "lease payments due on the BMW"
Here is the audio of Simon O Connor.
‘ Auckland National MP Simon O’Connor that families needed both a father and a mother, which Labour MPs portrayed as extremist and homophobic.’ is an interesting conclusion to reach
How about fertiliser levy that goes into a fund for climate related farm recovery? Insufficient levy equals shitty payouts when you need it. Let's give farmers some skin in the game. This delay, delay, delay is wearing thin.
I couldn't believe it when I saw the development those Hastings NIMBY'S are opposing..it's only 10 dwellings, they all seem to have outdoor space, 4 of them are stand alone houses, there looks to be a big driveway, and the rest of it is only 2 stories...I'm not sure you could really describe it as being packed in like sardines. I wonder where they think all the people on the state house waiting list should live?
I'd be interested to hear Mike Joy on The Hoon.
"Data this morning from CoreLogic and Realestate.co.nz show a bottoming out of an 18-month slide in house values in a tightening market, with listings at a 16-year low in May. Sellers are happy and able to sit on their hands"
Bernard this is surely a statement of magical thinking. You have left out an important word: NEW listings at a 16-year low. The number of listings is the highest since I have been paying attention (8 years). And as to Sellers being happy..... lol
I can't believe an expectation that house prices are going to increase again is described as 'brightening'. i want to cry. Are we heading to 2 million for a small 3-bed entry level home in Auckland in 10-15 years' time. Is this what WE want??????