| |
|
Welcome to our November report covering activity
in October 2006.
Experience has taught us that interpreting economic
data as a guide to the future performance of the
property market is a dangerous practice - even for
economists. We have been experiencing a slowing
economy, currency woes, and talk of a possible
recession all year. But in this report we touch on
rising net immigration, falling inflation, a resilient
housing market, and increasing business confidence.
Of course there are issues - lower rates of growth in
the economy, tourism, and retail spending for
example - but talk of hard landings seems to have
been slowly replaced in the last few months by talk
of soft landings.
Contact Alan McMahon at 64.9.356.8811 for more information.
  New Zealand Research Report_Nov06.pdf
Email Report Link To Your Friend
|
|