| SLUMP OVER BUT HOUSE PRICES LIKELY TO STAY FLAT
Amid a housing shortage, residential investment should grow
16 per cent this year and faster next year, as house prices stay flat, Westpac
Bank says. In its latest Economic Overview, Westpac forecasts economic
growth of 3.5 per cent in calendar 2010, and 4.5 per cent next year, at the top
end of market forecasts.
The
Christchurch Press 22nd April 2010
March 2010.
Read More
ARE YOU READY FOR SPRING?
Finally winter is coming to and end, and just like the
change in weather, we are also going to experience a change in the market.
Spring has always been an attractive time for home sellers to enter the market.
This is the season where your house looks at its best as well as being the
perfect time to attract buyers who want to be in their new homes by
Christmas.
August 2010.
Read More
HOUSE PRICES TIPPED TO FALL
FURTHER
Christchurch house prices are tipped to fall
5 per cent by next June. Economics forecaster Informetrics said rising interest
rates and uncertainty over jobs would dampen the national housing market. It
also blamed tax changes to come into force in October, saying a lower top tax
rate and new depreciation rules made property investment a less attractive tax
dodge.
August 2010.
Read More
|
