A Balanced Property Market?
đ"According to REINZ Chief Executive Jen Baird, while the market remains subdued, there is a noticeable rise in positivity and confidence that things will continue to improve as we approach the end of the year. Despite lingering challenges such as the cost of living, many believe that the downward trend of interest rates will lead to a gradual recovery as we move into 2025."
Falling interest rates are tempered by uncertain employment conditions and housing inventory at levels 2014 levels (graph below), suggesting the market may be returning to a more balanced position.
At adviceHQ , weâre seeing more activity through mortgage applications, which are often a leading indicator of market trends. Whether youâre buying or selling, understanding your position now can open up future opportunities.
A quick 10-minute call with our team can set you on the right path. Reach out today!đ
#adviceHQ #REINZ #NZPropertyInvestor #APIA #mortgagerates
Poll: Are quality products on the decline?
Gift-giving looks a lot different these days when you can pick up super-cheap goods made overseas. But do they last?
Do you have any old items like appliances, electronics or clothing that have stood the test of time? Share below!
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91.5% Yes
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7.8% No
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0.8% Other - I'll share below
Only the Sharpest Minds Will Get This Riddle⌠Are You One of Them?
I twinkle and glow, guiding paths in the snow.
Iâm not the sun, moon, or star in the sky,
yet on rooftops and trees, youâll see me up high.
What am I?
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Impersonating tow truck drivers
Police are warning drivers across TÄmaki Makarau to be on the lookout for dodgy tow truck drivers following several incidents in the past few months.
Motorists are being warned of a small group of people pretending to be tow truck drivers, committing crimes by using unregistered tow trucks to pick up vehicles.
Sergeant Suzannah Kimber, Counties Manukau Police, says the group steals vehicles by pretending to legitimately tow them before disposing of the vehicles.
âRecently these offenders towed a member of the publicâs vehicle in plain sight.
âMembers of the public drove past this tow truck while they were loading it up as it just looked normal.
âThey even go as far as wearing high-visibility clothing.â
Sergeant Kimber says Police are taking the opportunity to remind the community that all tow trucks will have external sign writing with the company name and be able to produce their logbook if asked.
âThey also must be registered as a transport operator.
âIf you see a tow truck without any distinguishing features towing cars, please call Police immediately.â