News

Beware of 'Falling Knives' in Aucklands CBD apartment market

Sunday 25th of September 2005
The stage is set for Auckland’s CBD apartments to fall in value by up to 40% by the end of 2006.

Great caution must be exercised if you are considering buying into this falling market. If you buy too soon you may suffer from “catching a falling knife” as values continue to fall after your purchase. It is obviously dangerous to catch a knife before it hits the ground and buying into Au...
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