Is Auckland Houses heading south?

If labour wins the property market will tumble

if Labour will to wins the election the party tool available to the party to cool the property market

The introduction of stamp duty similar to our cousin Australia

The introduction of incremental property gain tax

Hike in corporate taxes and increase the minimum wages will indirectly affect property prices as the increase does not reflect the corresponding increase in productivity.

The introduction of incremental property gain tax

Increase government spending will put pressure on interest rate

Long term interest rate heading north

The Global headline inflation has increased, partly due to rising commodity prices. Global long-term interest rates have increased. Monetary policy is expected to remain stimulatory, but less so going forward, particularly in the US.

We anticipate the long term interest in the New Zealand to rise.

Housing Market- Demand, volume and prices down

for the month of February 2017the figure by corelogic indicated that the transaction volume was the lowest for the February month to month comparison since 1993, lower than the volume during the financial crisis of 2008. The wait and see attitude by investors before will the election will temporarily halt any price increase for the time being until the picture is clearer.

Silver lining -Net migration gain of 71,300

The net gain of migration is positive.But the recent stringent measures introduced by the Central Bank of China to control the capital outflow also affect chinese buying sentiment somewhat

Doom and gloom for NZ property market

Donald Trump protectionism' policies spells disaster for the $8,4 billion good and services exported to the US.Heft tariffs may be on the cards.

Anti globalisation thematic tends to have adverse effects on market as they perceived more uncertainty which would result in higher interest rates.