A real estate franchise says the latest changes to loan-to-value restrictions won’t slow house prices
Investors appear to be scrambling to snap up as many properties as possible before further lending restrictions may be introduced, QV data shows.
“Some commentators are now trying to compare the real estate market to the sharemarket excitement leading up to 1987. It’s completely different.”
A new appointment by a real estate agency indicates it has big plans in store for growth.
Although the latest QV data shows activity and demand has picked up again in Auckland, the regions are flourishing says a real estate agency and an adviser.
A real estate agency has said the surprise cash rate cut is a positive for many Kiwis, especially first home buyers, as banks pass on the cut, even if only partially.
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