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New Zealand : Auckland house prices dip

Property market posts first monthly fall in more than a year, while homeowners refinance. Off-the-plan homes and small properties such as townhouses and apartments are in hot demand across Auckland as entry-level buyers target more affordable options. But latest QV figures show the city’s house values have posted the first month-on-month fall in over a […]

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NZ house prices rise the most since 2007

There’s just no let up in New Zealand house prices, with prices rising at their fastest pace since 2007. Prices rose 10.1 per cent in the three months to July 31 from a year earlier, according to an index by Quotable Value, a government-owned property research company. This was up from a 9.3 per cent […]

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New Zealand:Reserve Bank gets tough on Auckland housing market – 30% deposit rule for investors

Tough new rules aimed at calming Auckland’s red hot housing market could make it more expensive to rent in the country’s biggest city. In an unprecedented move the Reserve Bank’s imposing tighter lending restrictions on property investors meaning those wanting to buy in Auckland will soon need a bigger deposit. From October, property investors in […]