Quote:
Originally Posted by Cliff
Real estate is going down in price in NZ at the moment. Interest rates will lower latter part of the year or first of next year.
They won't crash but may go down. The Real estate market is really slow right now.
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This is just what my Hamilton broker has said - don't buy until later in the year. Depending on what interest rates are doing, he may advised us to go on a floating rate & fix when/if they go lower.