Would pick arvida..30% gearing
Better gearing than other property stocks
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Would pick arvida..30% gearing
Better gearing than other property stocks
More positive signs perhaps. Happy if the prices stay at this level and sales go up from here.https://www.nzherald.co.nz/business/...IMMQEP5DZS7OE/
We're in the market to buy our next personal home, put an offer in on a place and we've always been close but not quite for the last few months. Well this latest one I was wayyyy off - we put in 975 and it went for 1.3 cash unconditional. Was a pretty unique offering but still was very surprised given market sentiment so far this year.
oh no ASB raising mortgage rates :scared: might slow down house sales even more
In something of a surprise move, ASB has broken ranks and raised home loan rates for fixed terms of less than two years.
https://www.interest.co.nz/personal-...in-rivals-both
- Hong Kong. Hong Kong, China. Median multiple of 18.8.
- Sydney. Sydney, NSW. Median multipe of 13.3. ...
- Vancouver. Vancouver, Canada. Median multiple of 12.0. ...
- Hawaii. Honolulu, Hawaii, US. ...
- San Jose. San Jose, US. ...
- Los Angeles. Los Angeles, US. ...
- Auckland. Auckland, New Zealand. ...
- San Francisco. San Francisco, US. ...
https://www.9news.com.au/national/ho...a-ae2829d3c61e
World's top 10 most expensive property markets: Sydney's unenviable title
https://nomadcapitalist.com/finance/...state-markets/
So just what are the world’s five most overvalued real estate markets?
1. New Zealand
2. Canada
3. Belgium
4. Australia
5. United Kingdom
https://www.bosshunting.com.au/lifes...using-markets/
The Most Expensive Housing Markets Globally By “Median Multiple” (2022)
1. Hong Kong, China – 23.2
2. Sydney, Australia – 15.3
3. Vancouver, Canada – 13.3
4. San Jose, United States – 12.6
5. Melbourne, Australia – 12.1
6. Honolulu, United States – 12
7. San Francisco, United States – 11.8
8. Auckland, New Zealand – 11.2
9. Los Angeles, United States – 10.7
10. Toronto, Canada – 10.5
11. San Diego, United States – 10.1
12. Miami, United States – 8.1
13. London, Uniked Kingdom – 8
14. Adelaide, Australia – 8
15. Seattle, United States – 7.5
16. Riverside – San Bernardino, United States – 7.4
17. Brisbane, Australia – 7.4
18. Denver, United States – 7.2
19. New York (NY-NJ-PA), United States – 7.1
20. Perth, Australia – 7.1
Latest REINZ data https://www.reinz.co.nz/Web/Web/News..._may_data_2023
https://www.stuff.co.nz/business/132...rder-seek-says
“As in April, healthcare and medical had the largest increase in ads, up 1% month-on-month, driven by demand for aged care nurses…..”