3rd Quarter Directors Commentary – Auckland market still ‘hot’

September 23, 2013

Auckland’s residential property market continues to be buoyant and remains the strongest housing market in the country. Demand is strong from both home buyers and investors, however this is met by a shortage of listings, resulting in a lot of demand being left unmet. Key housing indicators continue to improve. August 2013 sales volumes have…

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Mid Year Market Commentary

July 30, 2013

Auckland’s residential property market is continuing to show confidence and heightened activity, with annual house price inflation at its highest since late 2007. Pent up demand combined with low interest rates, has resulted in many buyers facing a long search to secure a suitable property. Housing activity indicators have maintained an upward trend since early…

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2nd Quarter Commentary – Auckland market remains buoyant

May 14, 2013

Auckland’s residential property market remains very buoyant, with annual house price inflation at its highest since late 2007. Pent up demand combined with low interest rates, has resulted in many buyers facing a long search to secure a suitable property. Housing activity indicators have maintained an upward trend since early 2012. February 2013 sales volumes…

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Auckland Supply and the Unitary Plan

May 14, 2013

In March the Auckland City Council released its draft Unitary plan as debate raged in the media over how to solve Auckland’s housing supply crisis. Auckland needs 400,000 new homes over the next 30 years and under the current district plan it is forecast we will only be able to create 300,000. Will the proposed…

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Is there real heat in the NZ property market, or is this a blip?

February 5, 2013

In April 2011 Lisa Phillips, Erskine + Owen Director, was interviewed by TV3 about a looming land shortage in Auckland and highlighted that Auckland City Council would play a pivotal part in the timing of the crisis – Click here for the interview. Just under two years on and we are well and truly in…

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Demand for Housing Lifting?

April 7, 2011

Since the last post I have been to NY, London and Singapore presenting on the state of the NZ property market – in Feb 11. One of the key messages was that we have a growing demand for housing in Auckland, yet supply has not been keeping pace. Building consents last year were at their…

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Property Bubble or Boom Approaching?

January 18, 2011

As proponents of investing for the long term we spend a lot of time thinking long term. We’ve been looking pretty closely at what might trigger the next boom and what that boom might look like. One of the interesting issues that we’re pondering is around whether the next surge in prices will be a…

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I Can’t Believe The News Today

December 8, 2010

The Herald today reported that house prices are stabilising. So what does that mean for next year? Are we to interpret from this that we are finally past the bad news and now the only way is up? Or is the ‘double dip’ about to bite? As someone pro property you might think I might…

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