
TMM - News
First signs of a cooling housing market

Thursday 13th of May 2021
Housing market activity slowed in April, with nationwide sales down 13% month-on-month, Auckland down 21%, Otago -18%, and Waikato down -18%.
It follows the reintroduction of loan to value ratio restrictions, and the Government's clampdown on investors, including an extended bright-line test and the removal of interest deductibility.
However, house prices rose once aga...
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.
2 min read