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Auckland property up 15.2pc - QV
Auckland property values continue to surge ahead, up 15.2 per cent in the last year.

Westpac 'splits rates' for borrowers
Westpac has today split its mortgage rates depending on whether the borrower has more or less than 20 per cent equity.

NZ property: Sellers still have upper hand
Kiwis keen to sell off their homes continue to hold the upper hand in New Zealand's property market, despite a slight ease in the national asking price during November.

Where first home buyers head
First-home buyers in Auckland are flocking to the west, where there are more new buyers than anywhere else in the country, latest data shows.

Building consents ease from highs
The house-building sector's rising fortunes have taken a tumble, with the latest Statistics New Zealand data showing the rate of increase slipping.

Low deposit lending halved
The share of new mortgage lending going to borrowers with low deposits halved in October, the first month in which the Reserve Bank's curbs on such loans applied.

Builders pressure Reserve Bank on loans
The building industry has stepped up pressure on the Reserve Bank over its loan to value ratio (LVR) loan restrictions.

LVR limits ease pressure
Lending restrictions are starting to ease the pressure on the property market but first-home buyers are still finding it tough as prices and interest rates creep up.

Housing affordability worsens
Despite the introduction of the Reserve Bank's lending restrictions, home affordability has continued to worsen according to a new report.