News

Property market swings in buyers’ favour

Tuesday 21st of August 2007

The bank’s demand-supply housing balance measures show that Auckland remains the hottest.

The majority of other regions show pending excess supply conditions. The tight demand-supply balance that has been supportive of the housing market for some time finally looks to be turning. Ultimately, this suggests that house price growth, which has already softened recently, will continue t...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.