Is it the right time to buy in NZ?



ORIGINAL POST
Posted by char88can 17 yrs ago
Need some advice on buying in New Zealand? Anyone know an astute property advisor in this region or what's your feeling about this market? Buying for long term holding, eventual retirement.

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COMMENTS
krasykat 17 yrs ago
NZ has had a period of very strong price rises over most of the country. What area are you looking at as this could have some bearing? Things have definately started to slow down with a steep rise in interest rates. I am unsure if you would actually see prices drop so if you are buying for retirement then sooner is better than later!

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char88can 17 yrs ago
I am thinking of the Mount Maunganui/Pamamoa location. THe houses close to the mount are steep in price but there is alot of new developments out Papamoa way.

Town house/3 bedrooms/close to Bayview/beach.

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