Nerine

Good news if you're thinking of buying soon

http://www.nzherald.co.nz/section/3/...ectid=10496492

brussels_sprout

Come back in 5 years time, then it will be a REAL buyers' market, them houses are headin' down south

simonmarkellis

But i don't want to live in Auckland.....

Wiz'n'Ton

Same here in ChCh - bro in law was gonna buy but is now holding off for 6 months in anticipation of a drop in the market of 2 or 3%. The papers, people in the street and the general figures from the property markets say a price drop is happening right now. The only people saying otherwise are vendors and estate agents.

Even though we have prob bought ourselves at the height last October, it can only be a good thing for NZ as a whole....?

dlmckay

My father (who has made his fortune buying, doing up and selling property) is fond of quoting "a house is only worth what someone will pay for it".

There's been a lot of overinflated values lately and it's good to see a little more sense in the market

Batty

The cost of change is cheaper in this market and if you're selling for a lower price than a year ago you'll also be buying for a cheaper price than a year ago We got a flyer from Barfoots the other day - they're offering over $1,000 worth of free marketing if you list with them for 60 days. So long as you could negotiate their commission too, that sounds like a good deal.

owen

EH?? Why not? It only took me one and half hours to cover 31km this evening

Nerine

You run fast! ......