Hi Nigel

I'd have to agree with you.  NZ has been talking about a downturn for quite some time, with many investors sitting tight waiting for this massive slump.  Unfortunately some have missed out on great deals nearly a year since the talk started .  Whereas the market seems to have slowed – as far as time taking to sell a home – however the prices are still very much on the high.

I'm moving to sunny Australia in the next few months.  From the comments i've seen recently do you think it's better to look for deals to add value and flick rather than buy and hold for now?

Whereas i've owned my own home – i'm a first time 'investor'.

Cheers S