Recovery? Don't bet the house on it

A spring recovery or a year in the doldrums?

The housing market is all over the place if the reports from a throng of organisations lately are to be believed.

Our housing sector has a confounding array of statistics issued by many different outfits, each with their own agenda.

Every month about half a dozen organisations get lippy about housing, saying what they think the housing market is doing, why and what they expect it to do next.

All that get lots of publicity but most of them say different things depending on how they reached their calculations, what they measured, what time frame they used, whose interests they were serving and what audience they were aiming at.

To read the full NZ Herald article click here

Posted: 4 Jul 2009

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