10 Predictions for the rest of 2019

10 Predictions

I read an interesting article last week that captured and talked about what CoreLogic believed the trends would be for the rest of 2019.

They have made the following 10 predictions for the rest of 2019

1. Sales volumes to stay pretty flat

2. Average property values still rising but in a restrained fashion

3. Further loosening of the LVR rules in November

4. Imposition of extra capital requirements on the banks

5. Banking sector competition to remain intense and ‘rate wars’ to be a recurring theme

6. Foreign Buyer Ban to remain a contributing factor to softness

7. More homeowners are potentially ‘trading up’

8. Rental yields to continue to rise

9. Residential building consents to flatten off

10. Buildings insurance to come into starker focus

Some interesting ones. You can read the full article here. It’s a great read.

Thanks to CoreLogic for some fantastic analysis and industry insights.

If you want to review your strategy and lending, give me a call on 021 615907 or email me at: paul@khproperty.co.nz

Happy Friday - something to think about over the weekend!

#pauldowknowhow

#readingthetealeaves

Source: https://www.corelogic.co.nz