Market Comment Archive

April Comment 2012

AUCKLAND: A CITY COME OF AGE - THROUGH RESIDENTIAL CONVERSION Been thinking about the changes to Auckland’s CBD since I formed the company 15 years ago on April Fool’s Day 1997. Wellington’s reputation as the fun city is finally being surpassed by the anchor city, Auckland,...
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March Comment 2012

TOLD YOU SO We appraise apartment values in three different ways and they tend to come together eventually to give us a credible figure…FOR THE MOMENT. The Apartment Market is moving as we have been predicting and the importance of that horror...
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February Comment 2012

WHAT A JANUARY! City Sales budgets for a loss once a year – every January. Our experience is that with most of the world in holiday mode, there is not a lot of point in good Agents languishing around a quiet office after Christmas………and then come the frenetic March,...
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January Comment 2012

GOOD NEWS FOR 2012….and should WE become a Credit Rating Agency???? In the brief break Shelley and I took after Christmas…sheltering from storms at the bach at Pauanui with daughters at the CoroGold concert, Whitianga, drowning in mud, I reflected on a couple of forays through...
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December Comment 2011

Hmmmm What a funny old year Hmmmm. What a very strange year. Our 14th and the hardest yet. The Pike River Mine enquiry, Rugby World Cup, continuing earthquakes, a scary election, ship on the rocks off Tauranga, the U.S.A. printing it’s way out of bankruptcy and Europe fighting its way...
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November Comment 2011

I'M GLAD WE'RE NOT IN GREECE BUT...... Man you hardly catch your breath and the next thing happens. Last year (when we thought we could afford it) we took the kids down the Adriatic on an 88,000 ton palace, Costa Mediterranea. From my sister Elisabeth's abode in Venice as we sailed south to...
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October Comment 2011

SOMETHING'S GOING ON WOW! We listed a record number of apartments in August and again in September, both unprecedented numbers so something’s going on. And we’re feeling pretty lucky because out in the suburbs it’s starvation time. Any listings our suburban colleagues secure...
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September Comment 2011

I'VE DONE IT NOW: “REALTOR BIBLE” – AN HONOURABLE PROFESSION EXPLAINED $24.95 Have you ever wondered how a Real Estate Agency…or a Real Estate salesperson operates? This is not a salesperson training book but a real insight into “the unknown...
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August Comment 2011

CAN YOU ORDER CARPET? I’ve waited 20 years ……now here’s the drill. In 1991 the Auckland City Council changed the zonings to allow residential development in the CBD (Central Business District) and seeing the opportunity of a lifetime, I changed course. At that time...
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July Comment 2011

THE AUSTRALIANS, THE KIWIS AND THE YANKS Yeah it’s getting really interesting. Just had a week in Melbourne at a brilliant Robert Bevan “BEST PRACTICE” seminar where Agents from all over Australasia get together to see who’s biggest and best. Unfortunately they beat us...
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June Comment 2011

A TIME TO SELL? With the $NZ at an unprecedented high, swathes of buyers enjoying the lowest interest rates for decades….our offshore investors may be facing an unexpected opportunity. Because we all know that nothing stays the same, that what goes up inevitably comes down! Remember...
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May Comment 2011

IT'S FIRMING, FIRMING, FIRMING! Yeah it’s only been 20 years since I pioneered the start of Auckland’s Apartment Market (1991….90kg) and wow how we’ve changed! No I’m not disclosing that. And all the way through the housing market kept doubling in value but our...
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