House Talk 151

Dear Resident

2014 is underway and it promises to be a great year for New Zealand.  All the economic indicators are for strong growth in the N.Z. economy this year.

Even world financial markets are noticing and calling N.Z. the “rock star economy of 2014” certainly the N.Z. economy is out pacing most of the other developed market economies.  There are many reasons – construction in Canterbury and the booming housing market in Auckland, low interest rates and a wave of net migration, booming dairy industry prices and so on.

The result should be lower unemployment (possibly a shortage of skilled workers in fact), less foreign debt and a rising standard of living.

It is easy to see that with a shortage of houses in Auckland prices are going to continue rising.  Good news for property owners but a difficult road for first home buyers.

If you would like an update of the current market value of your property – and it’s probably a lot more than you think – please phone or email me.

Best wishes

John Goodrum

Office: 09 413 7910
Mobile: 021 945 140
Email: thelegendofthewest@gmail.com