Property Management

Housing market is abnormal: expert

Massey University property expert Graham Crews says the housing market is abnormal at the moment.

Tuesday, July 15th 2003

Neither wage increases nor declining interest rates were enough to offset the impact of rising house prices during the June quarter, according to the latest home affordability report which is prepared by Massey University for AMP...

However, signs of overload are becoming evident in the form of high house price to income ratios, falling rental yields and the recent move of speculators into the housing market

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Firms demand leases that exclude students

Unity First Home Buyer special	3.95
SBS FirstHome Combo	3.99
TSB Special	4.49
ICBC	4.49
Unity Special	4.49
Kiwibank Special	4.49
SBS Bank Special	4.49
Co-operative Bank - First Home Special	4.55
BNZ - Std	4.59
Kainga Ora	4.59
ASB Bank	4.59

Unity Special	4.89
ICBC	4.89
BNZ - Std	4.89
Kiwibank Special	4.89
Kainga Ora	4.95
China Construction Bank	4.95
TSB Special	5.09
ASB Bank	5.09
SBS Bank Special	5.09
Nelson Building Society	5.09
AIA - Go Home Loans	5.09

Westpac Special	5.59
ICBC	5.65
Kainga Ora	5.69
TSB Special	5.69
SBS Bank Special	5.69
AIA - Go Home Loans	5.69
ASB Bank	5.69
BNZ - Std	5.79
Kiwibank Special	5.79
Co-operative Bank - Owner Occ	5.89
China Construction Bank	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kiwibank Special	5.65
Kiwibank	5.65

Property Management

Housing market is abnormal: expert

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