Howard Morley
Howard Morley
break definitely hard holiday however interest last market rates rising sluggish
The market is definitely a lot more sluggish than at the end of last year. However how much of that is attributable to the holiday break and how much is to do with rising interest rates is hard to say.
confidence flip interest market mortgage rates side year
The flip side is that mortgage interest rates are now in decline, which will give the market a little more confidence as the year unfurls.
appeared drop heed january market recent reserve sales sight
The market appeared at first sight to take some heed from the Reserve Bank's recent warnings, with a drop in sales, but January sales traditionally dip.
annual appears curve growth market occurred price rate reached rise slowing
The rate of annual growth has been slowing as would be expected, with most of the rise in the market having occurred in 2004 and 2005, but now the price growth curve is flattening out and the market appears to have reached a comfortable plateau.