Namibian probably wasn’t born in the last big big recession in 1988-1991 . Realestate reacts very slowly as people hang on as long as they can for higher prices . Really my prediction is property prices won’t bottom out until two years after the start of a recession
We are listening to you Nathan! I've watched all your YT videos and me and my wife have recently bought our first home in Pakuranga Heights, Auckland after a fair negotiation 🙂 Appeciate all your generous advice.
Is Christchurch price increasing already, or it is summer time and price might drop after March next year? Been to a few Auctions and houses around Burnside/Avonhead schooling zone are selling above RV!
Hi Thomas, The first-home buyer market is quite active at the moment, and we’re also seeing some investors start to make purchases. This added competition-both from first-home buyers and investors-could be one reason why some properties are selling above RV. However, the market is still heavily oversupplied, especially with townhouses. Additionally, with many people losing their jobs, they may need to dip into their savings, which could, unfortunately, lead to more properties being listed for sale. This will likely contribute to a decline in the market until mid next year. Once the economy stabilises, we expect the best opportunities to start appearing. As we mentioned in the podcast if you’ve waited this long to buy, well done. If you can find your ideal home, there are good deals out there. We hope this helps!
@@najibrealestate929Thanks very much I can feel the honesty as you are not telling me now it's the last chance to buy！ Do we think the price May remain the same for the next couple of months，summer period and change when winter come？ Interest rate is dropping soon...
Thank you for your comment. While there may be short-term price increases, it doesn’t necessarily mean prices will keep rising. Based on our analysis, the economy still needs time to recover, and the government changes in 2024 will continue to impact everyday Kiwis, thus affecting house prices and supply.
Namibian probably wasn’t born in the last big big recession in 1988-1991 . Realestate reacts very slowly as people hang on as long as they can for higher prices . Really my prediction is property prices won’t bottom out until two years after the start of a recession
We are listening to you Nathan! I've watched all your YT videos and me and my wife have recently bought our first home in Pakuranga Heights, Auckland after a fair negotiation 🙂 Appeciate all your generous advice.
Well done, and congratulations to you and your wife!
Simplistic analysis
Appreciate the comment!
Good stuff
Thank you David!
Thank you for your advice, it really helps. Do you have an idea how the interest rates will go? How low? When, rough timeframe?
Hi there, we will answer this in our upcoming video :)
A1 information thanks 👍
Thank you!
👍👍👍
Is Christchurch price increasing already, or it is summer time and price might drop after March next year?
Been to a few Auctions and houses around Burnside/Avonhead schooling zone are selling above RV!
Hi Thomas,
The first-home buyer market is quite active at the moment, and we’re also seeing some investors start to make purchases. This added competition-both from first-home buyers and investors-could be one reason why some properties are selling above RV.
However, the market is still heavily oversupplied, especially with townhouses. Additionally, with many people losing their jobs, they may need to dip into their savings, which could, unfortunately, lead to more properties being listed for sale. This will likely contribute to a decline in the market until mid next year. Once the economy stabilises, we expect the best opportunities to start appearing.
As we mentioned in the podcast if you’ve waited this long to buy, well done. If you can find your ideal home, there are good deals out there. We hope this helps!
@@najibrealestate929Thanks very much
I can feel the honesty as you are not telling me now it's the last chance to buy！
Do we think the price May remain the same for the next couple of months，summer period and change when winter come？
Interest rate is dropping soon...
prices are already going up...
Thank you for your comment. While there may be short-term price increases, it doesn’t necessarily mean prices will keep rising. Based on our analysis, the economy still needs time to recover, and the government changes in 2024 will continue to impact everyday Kiwis, thus affecting house prices and supply.
Bro just what’s with the accent, just speak normally we can understand you better
He is a migrant，nothing wrong with that，it is clear to me
@@thomaswang2267 Quite an impressive man when you meet him in person. Self educated and self made financially.