Quote Originally Posted by Balance View Post
Go and have a look at the newer suburbs like Hobsonville where 3 and 4 bedrooms brand new houses with the latest specs are selling as fast as they can build them W69.

Big reasons are that they are affordable, nicely laid out, have great kitchens and bathrooms and good recreational community parks and recreation areas.

I think the existing house market is cooling down fast (a very very good thing) as house buyers opt for these new houses in the newer suburbs.

I have seen in recent weeks some developers trying to sell their inflated priced sections in the established Auckland suburbs - no takers since April.
Agreed--Its not a bad thing the housing market is slowing--Cant go on forever-Time to slow down and take a breath (and I own rentals)
--Disc.-dont let anyone tell you it isnt a fair amount of work maintaining rentals and dealing with tenants.