FACTORS DRIVING HOUSE PRICES
Posted on August 19th, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
REINZ HOUSE SALES: NEUTRAL Housing turnover has slowed but that should not necessarily be taken as a sign that house prices may follow. The likely cause is a listings shortage. INTEREST RATES: UP Interest rates have started to move up but are still low. OCR: UP Still on hold, the OCR is unlinkely to move […]
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