The full pdf version of the Weekly Overview is contained here.
Confidence At record High
Monday December 2nd 2013
Confidence about where the NZ economy will be in a year’s time has hit a record net 69% positive, up from 66% last month. Construction and its many associated industries is strong, accountants are more positive than for many years, and things are less negative in a number of sectors such as retailing. The LVR changes have dented residential real estate turnover, taken pressure off prices, and led to vendors moving away from selling using auctions. Listings shortages persist however.