Housing pressures are easing gradually Pressures in the New Zealand housing market are easing gradually but risks remain, the Deputy Governor of the Reserve Bank, Grant Spencer, said in a speech today. 09-05-2014 more >>
Migration hits 10-year high Immigration has hit its highest pace in more than 10 years, and that is expected to put further pressure on house prices. There was a net gain of 3090 people in January, taking the annual total to more than 25,000 – the highest rate since 2004. ANZ’s economists said the influx of people was pushing up demand for housing and supply was still tight. 27-02-2014 more >>
