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REINZ Market Report - First National Real Estate Guardian - Buy
Search for properties, houses, land, units, apartments and homes to buy, sell, sale, rent and lease in Johnsonville. News REINZ Market. Report. Offshore funding costs are on the rise. Despite ongoing strong net immigration and low interest rates, the Auckland property market remained in something of a hiatus, with prices down, volumes well below year-ago levels, and the median days to sell higher than the. The NZ Property report is the most comprehensive and timely report on the state of property. Scarcity of houses for sale nationally creates sellers market.
This will help dampen demand, but it does nothing to alter supply, which is where much of the problem resides. Residential consent issuance looks to be tailing off, with elevated cost increases indicative of resource constraints.
Reinz property market report
November 2015: Crystal ball gazing (PDF 160kB) Governor Wheeler has effectively ruled out OCR hikes to counter housing market strength, but the RBNZ has acknowledged they are very mindful of housing excesses and are now also watching some regional housing markets more closely.
Written by: Mandarin
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