The combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow Auckland housing activity. Property prices and sales were restrained in Auckland in September as New Zealand’s busiest real estate market copes with tighter mortgage lending rules. The latest data from real estate firm Barfoot & Thompson shows […] The post Auckland property market subdued by tougher lending conditions appeared first on PropertyWire . Continue reading
New Zealand
House prices reach new record highs in New Zealand
House prices in New Zealand reached record highs in September but sales are down while more first time buyers want new build homes, the latest index shows. Home values reached a new record national median price of $515,000 and $400,000 outside of Auckland for the first time and overall six regions recorded records, the date […] The post House prices reach new record highs in New Zealand appeared first on PropertyWire . Continue reading →
Property supply in UK housing market rises
Supply in the UK’s housing market reached its highest level since March this year and is a sign that it is moving in the right direction, according to estate agents. The number of houses available for buyers increased to 41 per branch in August, the highest level seen since March when agents reported an average […] The post Property supply in UK housing market rises appeared first on PropertyWire . Continue reading →