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TMM - News

Advisers share top concerns

Friday 6th of December 2019

The latest "Tony's View" survey, conducted by the former BNZ chief economist, now an independent, reveals advisers are positive about the housing market, but fear not all clients will be able to participate.

Advisers gave anonymous anecdotal responses to the economist's survey. 

One Auckland-based adviser said they expected prices to soar in the city in the coming months.

"It appears that almost all of the properties we are hearing about are selling at prices above, and in some cases, well above expectation. It appears, to me, that demand is outweighing supply (re existing properties in Auckland anyway), which is pushing up prices. I am interested in seeing media reports over the next few months and I suspect that they will lead to others jumping into the market (for FOMO)."

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