His reference to the rating revaluation reinforces what most people who follow the property market will be expecting.
The Bay of Plenty Times understands that certain areas of the city tended to move more than others, but overall there would be little change in values.
Apartments and the more expensive end of Tauranga's property market have been slow since the 2008 crisis burst Tauranga's normally buoyant property bubble. The 2009 revaluation highlighted how the recession had wiped out gains made since 2006 and retreated a further 4 per cent.
The busiest section of the market since then had been lower-priced properties, which had become more affordable for first home buyers. Young couples have also been able to take advantage of lower interest rates and using their KiwiSaver accounts as a deposit for a house.
Notices of the impact of the revaluation on individual properties were expected to be in ratepayers' letterboxes by mid to late November. The flat values meant the council will not have to wrestle with big swings in rates when it prepares its budgets for the 2013-14 annual plan.