Since our previous post and our suspending of whole region auctions, we have been watching the market closely. For the last 3 weeks the previous decline in average Mainland price per meter has halted and the price is now holding steady at an average of L$7.25 (averaged over the last seven days).
After review, we have decided to remain as we have been, so we are not going to add any more Mainland whole regions for the next two weeks. We will review again on the 1st August and blog then to let you know if there is a change.
Finally, my thanks to those of you that have provided feedback to me via email, notecards and during my office hours. Though I may not reply to every single one, it does all get read and it’s great to get such good input. So thanks for that.