CITY FORECASTS BRIGHTER
Economists can be blamed for the doom and gloom that's been predicted for the New Zealand property market. They have bagged the residential market for the last three months, predicting a crash. We believe they are wrong. Let's face it, they have been spectacularly wrong before. In May economists predicted only a $91 million trade balance surplus and yet the figures came out in the NZ Herald this week and we saw it soar to a whopping surplus of $656 million. We assume they'll prove just as accurate in our sector!
Also this week the government raised its immigration target to 50,000 with a more proactive recruitment regime. 50,000 people settling in New Zealand annually. What will be their preferred destination? Yes! You've got it...and most immigrants are keen on apartment living.
City Sales commences this month with regular New Zealand Investor Seminars.
City Sales takes on the Australian market with our first Australian Investor Seminars in Sydney this month.
City Sales has purchased new software to accelerate site acquisition.
City Sales has an expanded property rental management department for investors and we're about to introduce a "SHORT STAY" rental service for furnished suites. At over 50 rentals a month City Sales can't get enough apartments to rent.
And City Sales has acquired International strategic heavy weight, Nikki Connors to work specifically with property developers on the marketing, sales and branding of their developments.
Yes, we're Salespeople but we really ARE bullish about the City apartment market.
MARTIN
