Property Management

Houses still selling quickly

August figures show no let up in the frothy housing market with the national median house price notching up yet another record while volumes were also very strong.

Wednesday, September 24th 2003

The latest Real Estate Institute sales figures show the national median house price rose from $211,250 in July to $215,000 in August, a 16.2% increase on August last year. July's national median house price represented a 14.2% rise on July last year while the June price was 13.3% increase.

The number of houses sold in August rose to 10,193 from 10,138 in July and was 26.8% more than the 8,036 sold in August last year.

On top of this strong showing, Deutsche Bank senior economist Darren Gibbs noted the median days to sell a house fell to a record low of 25 days in August.

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Mortgage scheme draws hundreds of hopeful buyers

Unity First Home Buyer special	3.95
SBS FirstHome Combo	3.99
TSB Special	4.49
SBS Bank Special	4.49
Co-operative Bank - First Home Special	4.49
ICBC	4.49
Unity Special	4.49
ASB Bank	4.59
ANZ Special	4.59
Westpac Special	4.59
Kiwibank Special	4.59

ICBC	4.89
Unity Special	4.89
BNZ - Std	4.89
Kiwibank Special	4.89
SBS Bank Special	4.89
Kainga Ora	4.95
China Construction Bank	4.95
TSB Special	5.09
ANZ Special	5.09
ASB Bank	5.09
Nelson Building Society	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
Co-operative Bank - Owner Occ	5.89
Kiwibank Special	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	5.75
Unity Standard	5.79

Property Management

Houses still selling quickly

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