Potential dousing for a warm market
Friday 23rd October
Hi
The latest round of house price data clearly shows the market has a strong heart.
Overall prices are up, proving, as I long expected, that the bearish pundits were wrong. They said house prices would fall 30%. While I'm happy to see house prices and activity pick up again there are still plenty of obstacles facing the market.
The obvious one is tax changes - but I promised myself we would not talk tax this week - far too dirty. Instead, the biggest obstacle facing the market may be interest rates.
Finish reading my Blog here and don't forget to leave your comments.
Have a great weekend.
Warm regards
The Landlord
Latest News
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The New Zealand housing market remained steady last month, following on from the momentum gained in August, according to the latest Mike Pero Mortgages-Infometrics Property Cycle Indicator. View More
Traditional spring market true to form
Confidence continues to build in the residential property market, with sales showing continued signs of buoyancy for September, as well as a rise in new listings. View More
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L A T E S T H O T L I S T I N G
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New Product
Letters to Aston
Lessons Learned from a Lifetime of Investing
 By Martin Hawes $40.00
Available October 27, pre-order your copy today.
Investment, in all of its different forms, is the ultimate theme of life. We think about investing in our education, our health, our businesses, investing in our children and in our careers.
We also think about investing our money, the very thing that these letters are about.
Investment - in all of these contexts - is interesting because it is always about the future. We do not invest for the past or even for the present - that is a ridiculous notion.
We always, in whatever way we are th inking of, invest for our futures.
Martin Hawes shares his investment philosophy in his new title Letters to Aston, released Tuesday 27th October.
Click here to pre-order your copy now.
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Diary
LEARN HOW TO CAPITALISE ON THE PROPERTY CYCLE
Real Estate Cycle School - One Day Workshop with Kieran Trass
Attend this one off event and YOU will get the inside running on how to capitalise on the property cycle.
When: 31 October
Venue: 27-33 Ohinerau St, Remuera, Auckland
Be sure to check out the details in our Diary page.
If you want your event to be listed please email info@landlords.co.nz
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