It's also reported in the Herald
https://www.nzherald.co.nz/business/...NFI42XR6QTW4Q/
(someone beat me to it)
Printable View
It's also reported in the Herald
https://www.nzherald.co.nz/business/...NFI42XR6QTW4Q/
(someone beat me to it)
Hi team,
Absolutely a pullback in prices in Jan 21 vs Dec 20 however this is a repetitive seasonal thing that plays out every year due to Christmas. Interestingly Bindi Norwell (REINZ CEO) states that the pull back this year between Dec & Jan has not been as big as other previous years. So is this a pullback? A crash? No way, I think we will see a substantial jump between January, February & March 21 as buyers jump back in to continue their scout and even more so as LVR's head to 30%, then 40% through March to May for investors. Important to remember that all new build residential including both owner occupier and investors, only require a 20% deposit. I think we will see a shift of savvy investors from purchasing existing properties to new build off the plan properties. Therefore, expect to see the biggest building boom this country has seen - we are already seeing it with the amount of consents being issued. Big times ahead for the NZ construction sector - what that means for OCA moving forward sourcing materials and labour will be anyones guess.
Attachment 12311
What a headline clickbait - its been the best January for sales in 14 years
https://www.interest.co.nz/property/...rences-housing
Hope share price doesn’t go below 150
The ‘we’ll never see $1.50 again’ prediction could be another bad call by Winner?
But I believe the old resistance becomes support thinking so no worries.
Hope sgphare price doesn’t go below 150.
Hope sgphare price doesn’t go below 150
I agree. Usually does the opposite of what I'm expecting.:t_up:
Haha. Not to far off there;)
Got to be good long term buying @ $1.50...OCA, you can't have too many :t_up: