GENERAL OPTIMISM

Poverty Bay Herald, Volume LIII, Issue 16364, 11 June 1927, Page 5

GENERAL OPTIMISM

THE PROPERTY MARKET POSITION IN AUCKLAND (Special to the Herald.) AUCKLAND, this flay. The present condition of the property market, and the question of whether the general trend of values is up or down, is one of almost universal interest. Inquiries among leading estate agents serve to show that there is room for a strong difference of opinion even among those who have most reason to know the facts.- 1 The general feeling is one of optimism, and most of those consulted take the view that the worst period is now past, and that' a steady improvement in.....property" business mav bo looked for.

"I do-not consider there is a slump, "said the representative .of one large city estate agency. "My opinion is that we have come from boom times back to normal."

"1 think things are improving," said another. "They are steadying up." . Another agent spoke most hopefully about country property, and said his firm had had very many inquiries for small one-man farms until the trouble arose over the butter market in London. After that inquiries fell off from two or three a day to about one a week. However, inquiries were beginning to come in again, and there was evidence that the improvement; of the,butter market was giving more confidence to theman in search ofj land. , : ~ ...-' ;