Although bank reports are often as dry as a brick in the Sahara the latest residential property market survey done by the BNZ has some interesting information if you care to take a look. Truly. It’s on their website. I noted a couple of things. Firstly, that first home buyers are active in every region [...]
Making headlines recently in Sydney’s Daily Telegrpah was an article on high LVR lending with bank and non-bank lenders alike reported to be getting more comfortable lending up to 100%. What? I hear you say. Isn’t this the sort of behaviour that got economies in the poo in the first place? Well, no, not really. Lending to [...]
Do we do have momentum? There is no doubt that the economy is recovering, albeit slowly and on a slower basis than previous months. Yes it’s a bit patchy with uncertainty still holding us in check but this will be the pattern for the balance of the 2010. Economic Background New Zealand will always feel the [...]
In this post Cam discusses why median property prices are irrelevant! As a 7th former I struggled to get a final year exam mark of 54% in the subject maths with calculus. At the same time a mate of mine was also struggling with the subject – to break 90% (groan). You could rightly say [...]