OCA - Oceania Group - retirement villages

[Blue Skies]

Put the link up again

I was referring to the bit below ....prices in January down from December

Suppose we only see what we want to see

It's also reported in the Herald

https://www.nzherald.co.nz/business/...NFI42XR6QTW4Q/

(someone beat me to it)

[winner69]

It's also reported in the Herald

https://www.nzherald.co.nz/business/...NFI42XR6QTW4Q/

(someone beat me to it)

Like the headline ....heavens above


REINZ data: Auckland house prices drop $25,000, sales fall by 46%


Hope Oceania not affected

[TobyPascoe92]

Put the link up again

I was referring to the bit below ....prices in January down from December

Suppose we only see what we want to see

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.

Screen Shot 2021-02-16 at 10.19.15 AM.jpg

[dompf]

Like the headline ....heavens above


REINZ data: Auckland house prices drop $25,000, sales fall by 46%


Hope Oceania not affected

What a headline clickbait - its been the best January for sales in 14 years
https://www.interest.co.nz/property/...rences-housing

[dabsman]

What a headline clickbait - its been the best January for sales in 14 years
https://www.interest.co.nz/property/...rences-housing

There are three kinds of lies: lies, damned lies, and statistics

[winner69]

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.

[Old mate]

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.

[winner69]

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.

Fat fingers on phone key board while eating oysters and chips in the park does funny things eh

[Old mate]

Haha. Not to far off there

[Beagle]

Got to be good long term buying @ $1.50...OCA, you can't have too many