Today the New Zealand sharemarket crept ahead early, helped by small gains for some leading stocks.
The property market on the other hand experienced a 9.3% decline in national property values over the past year (compared with 8.9% last month).
There are signs though of elevated buyer activity in the market, with more people attending open homes and increased sales.
Interest Rates are set to drop again at the next meeting of the Reserve Bank and so what does all that mean to you?
Our receommendation is visiting a Qualified Financial Planner who can help you determine what is appropriate for you.
At Professional Investment Services we can help you understand what is appropriate for you, wether that is just paying down the mortgage, investing in the sharemarket or buying an investment property.
