RE/MAX Latitude 36 would like to take this opportunity to Sincerely Thank our clients for their support throughout 2010.
“We wish you Good Cheer and Continued Success for 2011!”
MERRY CHRISTMAS from the Team at Latitude 36
“Snapshots of the Global Property Market” 
In a recent Global Property Survey conducted by the Global Property Guide it was reported that the world’s property markets were showing uneven signs of recovery throughout 2010.
New Zealand 
It is now becoming evident that there is less over valuation with property prices leveling out resulting in investment yields also being reduced and not performing as they had done post recession. Generally, the good news here is that vendors have become more realistic therefore, buyers can expect to purchase well. For our off-shore investors it is also an exceptional time to take advantage of our NZ exchange rates. “It is a Buyer’s Market”.
Australia
Residential Property is still quite overvalued with both interest rates and the Australian Dollar both on the rise. For property in major city locations such as Sydney, Melbourne and in some regions of the Northern Territory, there are no signs of easing with “Record Breaking” Property prices still being achieved in sought after locations. Therefore, you can expect to “Pay a Premium” in the CBD and surrounding high density city locations.
Asia
Continues to perform well above many developed countries, property prices continue rise for investors in Hong Kong, Singapore and China. In addition, developers who want to reduce risk by unloading stock excellent sales are still being achieved.
“Opportunity Knocks!”
Middle East
Yield orientated Global Investors are now paying close attention to the recovery made in the Middle Eastern markets. Although difficult to buy property, investors are favouring Egypt and Jordon where generous yields can be obtained as increasing inflation begins to strengthen property values.
“Interesting?”
Europe
A slow recovery as the Euro has fallen with property investment not appetizing for buyers. Generally market confidence continues to stagnate.
United States
With the US Dollar rising the US economy is reported to be recovering in some states such as Florida, Las Vegas, Western New York and Los Angeles that are now beginning to attract investors back into the market place. Property prices can be found at attractive levels. Buyers and investors can expect to purchase well in the areas.
“Opportunity Knocks!”
Finally, RE/MAX is a world-wide organization with more than “6500 offices in 80 countries”. To connect with a RE/MAX agent or office anywhere in the world – It’s easy! Just click on the “World-wide” tab found on my home page or alternatively, you can contact me for a first-hand referral.
You will be amazed at the results a RE/MAX agent can produce for you!
For a quality referral or property advice, phone a RE/MAX agent today!
Best Regards
Maree Clark – Broker/Owner
RE/MAX Latitude 36
