Deceleration in housing market

Jan 17, 2022 | Free, Property

The Auckland market softened in December 18.1.22 The REINZ report for December provided more convincing evidence that higher mortgage rates and tighter lending restrictions are having an impact on the housing market, says Michael Gordon, acting chief economist at Westpac. “The house price index fell by 0.5% in seasonally adjusted terms, the first monthly drop […]

 


 

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