{"id":602,"date":"2014-06-27T10:27:44","date_gmt":"2014-06-26T22:27:44","guid":{"rendered":"http:\/\/colinrealestate.blogtown.co.nz\/?p=602"},"modified":"2014-06-27T10:27:44","modified_gmt":"2014-06-26T22:27:44","slug":"factors-driving-house-prices-3","status":"publish","type":"post","link":"https:\/\/colinrealestate.blogtown.co.nz\/?p=602","title":{"rendered":"FACTORS DRIVING HOUSE PRICES"},"content":{"rendered":"<p>* REINZ House Sales \u2013 Down: Sales in February were down 20.2%on the same time a year ago.<br \/>\n* Interest Rates \u2013Down: Interest rates are increasing especially for longer fixed terms.<br \/>\n* OCR \u2013 Down: It\u2019s been suggested the Reserve Bank may slow the rate of those increases because of the effectiveness of the LVR restriction and the strength of the Kiwi dollar.<br \/>\n* Immigration &#8211; Up: Migration is reducing as fewer Kiwis leave for Australia and more immigrants move to NZ..<br \/>\n* Building Consents \u2013 Neutral:  Building activity continues to increase but still not at 2013 levels and has a lot of lost ground to make up.<br \/>\n*Mortgage Approvals: Down:  Seasonally adjusted approvals and banks new commitments dropped 22 &amp; 17 points respectively between 9\/13 &amp; 3\/14<br \/>\n* Rents \u2013 Up: Rents are rising as investors pass on higher interest costs to their tenants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>* REINZ House Sales \u2013 Down: Sales in February were down 20.2%on the same time a year ago. * Interest Rates \u2013Down: Interest rates are increasing especially for longer fixed terms. * OCR \u2013 Down: It\u2019s been suggested the Reserve Bank may slow the rate of those increases because of the effectiveness of the LVR [&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 \u2013 Down: Sales in February were down 20.2%on the same time a year ago. * Interest Rates \u2013Down: Interest rates are increasing especially for l"},"footnotes":""},"categories":[5532],"tags":[],"class_list":["post-602","post","type-post","status-publish","format-standard","hentry","category-real-estate-2"],"_links":{"self":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/602","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=602"}],"version-history":[{"count":1,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/602\/revisions"}],"predecessor-version":[{"id":604,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/602\/revisions\/604"}],"wp:attachment":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}