It’s game on | The Real Estate Wrap with Leanne Pilkington
Welcome to this week’s Real Estate Wrap with Leanne Pilkington. Moving ahead with its potentially divisive changes to negative gearing and capital gains tax, Labor has put a date on the implementation of its policy should it prevail in May. In addition, recent Saturdays have seen more bidders, more onlookers and, generally speaking, more transactions – but not necessarily translating to higher prices.
Download The Real Estate Wrap for this week by clicking here.
This is the do-it-yourself version of the Weekly Wrap for the beginning of April. April 1st, would you believe?
I’m in Queenstown, so coming to you directly from that beautiful part of the world.
It’s the beginning of the second quarter of the calendar year, hard to believe. And we’ve had another strong showing with auction results.
The prelim clearance rates at about 65.9%. Agents are telling us that buyers are out there looking, they are actually buying. Doesn’t mean prices are going up, so don’t be thinking that. But properties are selling.
The Labor government have come out and told us what their negative gearing plans are, and you know what? I have to be honest. It makes me nervous.
But for all of that and more, just click on here for our Real Estate Wrap for the week commencing April 1st. See you next week.