sharetrader
Page 634 of 1900 FirstFirst ... 13453458462463063163263363463563663763864468473411341634 ... LastLast
Results 6,331 to 6,340 of 18997

Thread: Black Monday

  1. 12-03-2020, 11:03 AM #6331
    winner69
    winner69 is offline
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,924

    Default

    At least property prices are booming


    Median house prices across New Zealand increased by 14.3% in February to a new record median price of $640,000, up from $560,000 in February 2019. This was the largest percentage increase in 53 months according to the latest data from the Real Estate Institute of New Zealand (REINZ)



    https://www.reinz.co.nz/Media/Defaul...ary%202020.pdf
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
    Reply With Quote Reply With Quote
  2. 12-03-2020, 11:07 AM #6332
    Entrep
    Entrep is online now
    Advanced Member Entrep's Avatar
    Join Date
    Mar 2008
    Posts
    1,870

    Default

    Can confirm that property is going mental right now in Auckland
    Reply With Quote Reply With Quote
  3. 12-03-2020, 11:09 AM #6333
    winner69
    winner69 is offline
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,924

    Default

    Quote Originally Posted by Entrep View Post
    Can confirm that property is going mental right now in Auckland
    Number of sales up more than 40%

    That’s phenomenal
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
    Reply With Quote Reply With Quote
  4. 12-03-2020, 11:15 AM #6334
    mondograss
    mondograss is online now
    Herbacious
    Join Date
    Sep 2007
    Posts
    437

    Default

    Quote Originally Posted by Entrep View Post
    Can confirm that property is going mental right now in Auckland
    I agree, my wife and I have been looking, got outbid to the tune of $500k on one place and we thought we were going to be close to the upper end of the valuation. We are noticing though that it's very specific. Anything that a developer might ordinarily go for as a knockdown or small subdivide job is tending to hang around like a bad smell and according to the agents they're only getting lowball offers. Which implies that the developers are not seeing a lot of upside in current prices.
    Reply With Quote Reply With Quote
  5. 12-03-2020, 02:14 PM #6335
    bull....
    bull.... is offline
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,075

    Default

    US futures tanking again. will get a big woosh down if current supports fail
    one step ahead of the herd
    Reply With Quote Reply With Quote
  6. 12-03-2020, 02:26 PM #6336
    causecelebre
    causecelebre is offline
    Member
    Join Date
    Sep 2017
    Posts
    470

    Default

    Quote Originally Posted by bull.... View Post
    US futures tanking again. will get a big woosh down if current supports fail
    On the back of Trumps address
    Reply With Quote Reply With Quote
  7. 12-03-2020, 02:27 PM #6337
    mondograss
    mondograss is online now
    Herbacious
    Join Date
    Sep 2007
    Posts
    437

    Default

    Quote Originally Posted by bull.... View Post
    US futures tanking again. will get a big woosh down if current supports fail
    Trump just suspended all travel from Europe for 30 days (excl UK). That's gonna hurt.
    Reply With Quote Reply With Quote
  8. 12-03-2020, 02:28 PM #6338
    bull....
    bull.... is offline
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,075

    Default

    Quote Originally Posted by mondograss View Post
    Trump just suspended all travel from Europe for 30 days (excl UK). That's gonna hurt.
    least hes making some tough decisions , short term pain
    one step ahead of the herd
    Reply With Quote Reply With Quote
  9. 12-03-2020, 02:30 PM #6339
    Balance
    Balance is offline
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,647

    Default

    Quote Originally Posted by bull.... View Post
    least hes making some tough decisions , short term pain
    For once, good on DT - a little late but this is what is required to try & bring the situation under control.
    Reply With Quote Reply With Quote
  10. 12-03-2020, 02:30 PM #6340
    BlackPeter
    BlackPeter is offline
    always learning ... BlackPeter's Avatar
    Join Date
    Aug 2007
    Posts
    9,497

    Default

    Quote Originally Posted by mondograss View Post
    Trump just suspended all travel from Europe for 30 days (excl UK). That's gonna hurt.
    Probably just wants to protect the Europeans. Nice guy :
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules