This is an update from QV for the month of January. From where I was on the ground there seemed to be alot of positives and enthusiasm as the interest rates have come back to record lows and this coupled by the drop in prices making housing affordability more realistic than it has been for…
Tag: 2009
The Property Market in 2008
This is an excert from QV in their montly reports. 2008 has been a pivotal year for the NZ property market with a sustained drop in property values for the first time since 1998. QV’s December Residential Price Movement report shows property values fell by 7.4% during the year. “Property values held reasonably flat through…
Selling your house in 2009
Marketing, price, presentation Christmas and New Year is over. We are pretty much now beginning the 2009 year off back into work. I was back at work today to a bombardment of paperwork to be completed. The joys of life. As I said in my previous posts I said 2009 will be a year for…
New Zealands Household Debt Falls For First Time in 17 Years
Lets start 2009 with a little less bad news from the economys point of view. We are now starting to see some of the effects on the credit crunch and how it is affecting the spending habbits of New Zealanders. In November New Zealand household borrowing fell for the first time in 17 years. This…
What's in store for 2009?
What’s in store for 2009. Seems like everyone is giving their predictions for 2009. It also seems everyone has a different opinion. If you go down the street and ask someone what’s in store for 2009 every single person will give you a different response. Some people are positive, some people are negative. Some have…