March 2017 was an interesting month for the property market across New Zealand, with house price increases cooling in Auckland and the number of properties listed across the country rising to record new levels. Could this be the first signs of a market change? Read on to find out more about recent changes to the New Zealand property market.
Topics: First Home, Investors, Property
Following two years of double-digit house price increases, lending restrictions and rising mortgage rates look set to slow house prices in 2017. In this month’s finance article, we take a closer look at the influences that could affect the housing sector in 2017, following Westpac’s latest Home Truths report which outlines predictions of a more subdued housing market outlook for the year ahead.
Topics: Mortgages, LVR, Property, Housing Market, REINZ
