InvestNow News 9th November – Devon – Monthly Report Oct 2018

October Monthly Update

NZ Housing Market – Correction or Crash

It appears very likely that the New Zealand housing market will turn down – the question now is whether it will be a correction or a crash?
In the decade since the GFC, most asset prices have risen strongly.  The actions of global central banks in cutting interest rates to historical lows and printing vast amounts of money have resulted in solid global economic growth, but the availability of very cheap money has also driven the prices of shares, bonds and residential property to record levels …