House sales dive 20pc
The number of house sales fell 20 per cent last month, with sales declining across all regions, but prices continue to rise, latest figures show.
The number of house sales fell 20 per cent last month, with sales declining across all regions, but prices continue to rise, latest figures show.
The Reserve Bank's curbs on bank lending to low deposit borrowers could be removed by the end of the year.
First home buyer numbers had picked up nationally in March according to new figures from QV out today. So what happened where you live? Check our infographic.
The contrary view to Labour's plan for monetary policy and savings goes broadly like this: It is a cute idea but it won't work, writes Brian Fallow.
Graeme Wheeler pointedly reminded us of his power to intervene if the kiwi dollar continues to climb while export commodity prices fall, writes Brian Fallow.
The kiwi dollar dropped half a cent after the Reserve Bank governor said the bank may sell the currency should it remain high while export prices weaken.
The average Auckland house sale price and volumes achieved by the city's biggest real estate agency dropped from $725,708 in March to $708,603 last month.
What we got from Labour's finance spokesman David Parker on Tuesday was a much broader economic policy than that would imply, writes Brian Fallow.
Building consents for residential housing rose to a six-and-a-half year high in March, snapping two months of decline.
Households struggling to keep on top of their mortgages would win from Labour's proposed interest rate shake-up - but at the expense of those who can't afford a house.
Editorial: The Labour Party has done well to come up with a constructive monetary policy for the coming election.