Video interview with NZ Herald

by Alistair Helm in

I was invited to an interview with Chris Daniels the Online editor of the NZ Herald to talk about the property market. In the space of 14 minutes I managed to share my thoughts, opinions and insights into the property market ably guided by question from Chris.

These are the 7 questions - for the answers you'll need to watch the video!  

  1. There’s a lot of talk of a property boom underway again – what are your thoughts – are we on the cusp of another irrational boom in NZ real estate prices – and how can we tell – are the monthly stats we get good enough to see when things are getting out of hand?

  2. You’ve been pretty critical of the use of CV – capital valuation in real estate ads – ie: sold for $100,000 above CV etc… what’s your problem with this?

  3. Is it possible to truly judge the impact of foreign – non resident buyers on the New Zealand real estate market and prices. What do you think of the Labour policy of banning the practice?

  4. You’ve talked recently about vendors being pushed into auctions with only very short listing times? What’s going on here?

  5. The Reserve Bank is set to announce restrictions on low equity mortgage lending soon – what sort of impact do you think this will have on the NZ property market? Would something like this really take the steam out of any bubble?  

  6. The crash really gutted the real estate industry with many thousands of real estate agents leaving the industry altogether  - are you seeing any signs of new people coming into the business? Are there enough people to sell all these houses?

  7. Prices seem to be going up – but we hear of agents constantly needing new listings –are people actually selling now? Is there still a real shortage of listings and what sort of impact does this have on prices and the sales  process?