Pick-up in housing market will not last: Westpac

A quick link to one banks opinion/research.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10576486

There are plenty of opinions about and this is one of them. Soon to be released sales for May in Whangarei city look to have jumped again to be somewhere around the 90 mark. This is shortening up the listing supply which in turn is keeping some hold on prices (more mid/low end). I will update the latest Whangarei statistics in the next 24 hours.