{"id":498,"date":"2013-08-19T10:32:30","date_gmt":"2013-08-18T22:32:30","guid":{"rendered":"http:\/\/colinrealestate.blogtown.co.nz\/?p=498"},"modified":"2013-08-19T10:32:30","modified_gmt":"2013-08-18T22:32:30","slug":"factors-driving-house-prices","status":"publish","type":"post","link":"https:\/\/colinrealestate.blogtown.co.nz\/?p=498","title":{"rendered":"FACTORS DRIVING HOUSE PRICES"},"content":{"rendered":"<p>REINZ HOUSE SALES: NEUTRAL<br \/>\nHousing 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.<br \/>\nINTEREST RATES: UP<br \/>\nInterest rates have started to move up but are still low.<br \/>\nOCR: UP<br \/>\nStill on hold, the OCR is unlinkely to move from 2.5% until early next year.<br \/>\nIMMIGRATION: UP<br \/>\nNet Migration has reached the highest level in four years, with 2300 more arrivals than departures in June.<br \/>\nBUILDING CONSENTS:<br \/>\nUP, TURNING NEUTRAL<br \/>\nThe latest statistics show the 26 month-on-month increase in a row for consents for new houses.<br \/>\nMORTGAGE APPROVALS: UP, TURNING NEUTRAL<br \/>\nThe number of mortgage approvals seems to be slowing but is coming off very fast growth earlier in the year.<br \/>\nRENTS: NEUTRAL, TURNING DOWN<br \/>\nGovernment data indicates a year-on-year drop.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1116,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"FACTORS DRIVING HOUSE PRICES - colinrealestate","description":"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 li"},"footnotes":""},"categories":[5532],"tags":[5533],"class_list":["post-498","post","type-post","status-publish","format-standard","hentry","category-real-estate-2","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/users\/1116"}],"replies":[{"embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=498"}],"version-history":[{"count":1,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/498\/revisions"}],"predecessor-version":[{"id":499,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/498\/revisions\/499"}],"wp:attachment":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}