Auckland housing market

[noodles]

I'm calling it. I think Auckland house prices have ht their peak and we will not see these prices for at least another 5 years. I think the Dec 15 average price will be less that today's.
Reasons:
-Foreign investors needing IRD numbers
-LVR rules
-Change of sentiment. Even my most bullish banking friend reckons house prices will just level out now

[Crackity]

I'm calling it. I think Auckland house prices have ht their peak and we will not see these prices for at least another 5 years. I think the Dec 15 average price will be less that today's.
Reasons:
-Foreign investors needing IRD numbers
-LVR rules
-Change of sentiment. Even my most bullish banking friend reckons house prices will just level out now

i thought the same a year ago - so yes I agree with your sentiment Denis. Ring that bell.