Home' Napier Mail : May 18th 2011 Contents 10 NAPIER MAIL, MAY 18, 2011
Sales volumes dive!
Just when we thought sales were stabilizing,
the latest real estate data for the Napier market
shows that sales took a dive from 84 to 49 homes
sold in April.
During the past year, there has been a lift in
sales for some higher priced property (above
$700,000) primarily because prices in the higher
priced segment lowered to meet market demand.
However, this kind of adjustment does not appear
to be occurring in the median and lower price
brackets. Consequently the number of sales at
these levels has plummeted as buyers refuse to
pay prices that are above their expectations. For
example, the number of homes sold between
$200,000 - $275,000 has fallen by 50% between
this year and last. Similarly in the $400,000 -
$600,000 price bracket there has been a 52% fall,
and the number of sales between $300,000 and
$375,000 is down 32%.
The average length of time to sell continues
to be relatively high -- it's taking a couple of
months on average for homes to sell. This
indicator tends to be understated because it
doesn't account for vendors switching agents.
Median prices are up one month and down
the next, reflecting shifts in the number of sales
in various price ranges, rather than price changes.
Until the volume of sales recovers, there is
unlikely to be any significant upward movement
in prices, which (according to Quotable Value)
are currently 2.3% lower this year than last year.
Consumer confidence and poor home
affordabilty continue to hold back the Napier
market. Even though interest rates are low, the
dominant restraining factors in our area are
stagnant incomes & poor employment prospects.
According to some commentators, prices are
still around 7% too high. Gareth Morgan suggests
that this will be addressed either by an inflation
"catch up" over time or prices continuing to ease
back (or a combination of both). This is why
most economists predict that prices in provincial
areas are likely to remain stagnant for some time,
while population pressures in major cities
(especially Auckland) is likely to create some
upward price pressure in these localities.
If you would like a more detailed report about
the Napier Real Estate Market this is available
at www.coxpartners.co.nz or call Cox Partners
Estate Agents on 835-4321.
It pays to inform your
decisions with factual data.
Malcolm Cox, 835-4321
Malcolm Cox on Property
For domestic and business security
enquiries contact falcon electrical.
Ph: 843 6383
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We specialise in children's parties
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Ph: 843 3801
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• Gold & Silver
• Vintage jewellery
• 30's - 60's furniture
• Vintage clothing
• New books & old postcards
• Antique & Collectibles
• Militaria, badges, coins etc.
Mobile buying service
Every Tuesday - OR buyer instore Mon-Fri
Cnr Tennyson St & Cathedral
Lane, Napier • Ph: 835 9865
167 Marine Parade Napier • Ph: 835 0018
Do you have an allergy to
House Dust Mites,
Asthma, Eczema or Rhinitis?
Asthma Hawke's Bay is the
only local stockist of MiteGuard
bedding covers and AllerProtect
pillows, giving comfortable
protection from dust mites
and their allergens.
Kids' environments now too clean
MONTHLY VISITS LIKELY
Asthma Hawke's Bay and Dr Vincent
Crump are investigating the possibility of
him holding a monthly clinic in Hawke's
Bay. A special allergy clinic held at the
Hastings Health Centre during Asthma
Week was booked out. The Hastings
District Masonic Trust paid for four low-
income families to have a consultation for
their chronic eczema/allergy/anaphylaxis
family member who otherwise would not
have been able to attend.
CASHEWS A DANGER
Food allergies are not as common as
''The actual prevalence is in fact only
about 7 per cent of children under 3 and
perhaps 2 per cent of the general
population,'' writes Vincent St Aubyn
Crump in Allergies -- New Zealand's
Peanuts have been generally regarded as
the most common cause of death through
severe allergic reactions, known as
anaphylaxis. New research shows that
cashews can be responsible for even
more severe reactions, Dr Crump writes.
Egg sensitivity in infancy is a strong
predictor of asthma.
''About 2.5 per cent of young children
react to eggs [the major allergen is in the
egg white], but tolerance is usually
achieved by the time these children reach
the age of 5,'' he says.
Anaphylaxis is a whole-body allergic
reaction. It happens rapidly and, if not
treated quickly with adrenalin, can cause
death. Dr Crump says that during the
reaction, histamine and other chemicals
released by the body cause blood vessels
to dilate. ''Blood pressure drops, fluid
leaks from the bloodstream into the
tissues and this in turn reduces the
volume of blood. The result is severe
shock.'' Fluid can also leak into lungs,
leading to constriction of airways and
In New Zealand and Australia, a list of
allergens must be declared on food
labels. These are: cereals (wheat, rye,
barley, oats) containing gluten and their
products, crustacean products (crab,
prawns, crayfish), eggs and egg products,
fish and fish products (including
shellfish), milk and milk products,
peanuts and soya bean (and their
products), added sulphite (due to
intolerance, not allergy), and tree nuts,
sesame seeds and their products.
Dr Vincent Crump: The Auckland-based
doctor is one of just seven allergy specialists
in New Zealand.
By NEILL GORDON
With one in four Hawke's Bay children --
about 8500 -- suffering from asthma, it's not
surprising a visit from an Auckland allergy
specialist drew a big response.
About 250 people attended a recent
Napier lecture by Dr Vincent Crump to
learn more about why New Zealand has
some of the highest rates of asthma in the
There are various theories why asthma is
so prevalent here and in Australia, Britain
and America, but no one knows for
We know asthma is partly genetic
and partly environmental, but some-
thing must have changed over the
past 20 to 50 years in the environ-
ment because the genes wouldn't
change that quickly,'' Dr Crump
The hygiene hypothesis -- that exposure to dirt and bugs at a young age
helps develop the immune system and that
people in the developed world
are living in too clean, overly
sterile environments -- makes
a lot of sense, he says.
The countries where it's
increasing are all countries
where there are increasing
standards of living and people
can be thought of as being
The kids are getting more
antibiotics when they're
younger -- there are quite a
few studies showing that kids
who have had two or three
courses of antibiotics before
more likely to be asthmatic or
With the modern living,
our kids don't get exposed to
the bugs they used to in my
Back then they were
playing in the dirt but
We believe kids' immune
systems need a bit of dirt, a
few bugs to mature normally
and modern kids aren't get-
ting exposed to the bacteria,
viruses and parasites.''
The other side of this is, he
points out, is that very few
kids today die from measles
We've come a long way in
terms of deaths from
infections but perhaps this is
the price we're paying for all
While it appears that
cleanliness is contributing to
the allergy epidemic, there are
a whole lot of other causes,
Dr Crump says other
studies have shown that child-
ren who grow up on farms
where they are exposed to
animals have fewer allergies
than youngsters brought up in
We believe these kids who
live on farms get exposed to
the animals and they play out
in the dirt, whereas [with] the
kids in the city, half of them
spend their time indoors
watching television playing
PlayStation and they don't
really play outside much.''
Antibiotics also play a role
Kids who have been given
more than two or three
courses of antibiotics in the
first year of life also have more
allergies because, we believe,
they kill off the good bugs that
they need in the guts for their
immune system to mature
normally,'' he says.
The reverse of that are
some studies that show that
giving probiotics to infants
will also prevent allergies,
probably from the same prin-
ciple of replenishing the bugs
in the gut.''
Cigarette smoke has also
been strongly linked to
allergies, he says.
We would encourage no passive smoking
in the home.''
Allergies also appear in families who are
About 10 to 15 years ago, there was a
belief that if pregnant mothers cut out
allergenic foods like peanuts, other nuts,
fish and shellfish when they were pregnant,
then their children would not develop
However, we are probably seeing the
Now the advice given to pregnant women
is to not cut out any foods, except for those
that could cause listeria.
Knowledge is changing rapidly and
advice is changing all the time.
What we're telling mothers now is
totally different to what we used to tell
them 10 years ago so people have to keep
up by discussing it with their family doc-
More information: www.asthmanz.co.nz
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