nice trade im out now
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nice trade im out now
Please don't encourage him, enough bull S for one week already, surely !
Well respected Tony Alexander opines on the housing market https://feedback.bnz.co.nz/mail/view...=TonyAlexander
Just voted against the Directors getting a 12% pay rise (Chair only 9%)
Was thinking of our hard working employees slaving away at the coal face when I voted against it
Suppose a protest vote more than anything else because big shareholders never vote against these things.
Reuters Analysts look cheerful enough about SUM. https://www.reuters.com/finance/stocks/analyst/SUM.NZ
GOODNESS GRACIOUS ME
From the REINZ on March activity
Record median house price recorded for NZ in March
Median house prices across New Zealand increased by 4.5% in March to a record $585,000, up from $560,000 in March 2018. Median price increases for New Zealand excluding Auckland were even stronger increasing by 6.7% to $491,000 up from $460,000 in March last year.
Median house prices in Auckland fell by 2.7% from the same time last year to $856,000 – down from $880,000. Despite the year-on-year fall, prices in March were the highest Auckland has seen for three months.
As most on here seem to be very distrusting of most things they read and seem to be very sensitive and proper about this I confirm I didn’t make it up. Full press release here https://www.reinz.co.nz/Media/Defaul...rch%202019.pdf
And another fuller report
https://www.reinz.co.nz/Media/Defaul...rch%202019.pdf
Prices not collapsing ....
.....but number of sales are down on pcp ....
....and days to sell fell by 11 from 47 in February to 36 March ..that’s good news