Anyone trawling through the latest statistics for hints on where the housing market is going would have to conclude that there’s no end in sight to the cycle’s current upswing.
Wednesday, February 12th 2003, 8:40AM
by The Landlord
Kieran Trass at Hybrid Property Consulting’s Auckland Property Clock is currently in boom territory.
I’m of the opinion Auckland still has quite some way to go through the cycle, but it could all be over by the end of the year."
While the fundamentals all look positive currently, the picture could change dramatically, he warns. "It wouldn’t take too much to turn the market."