Property

Migration turnaround likely to boost prices

New Zealand gained more new residents than it lost last month, new data shows - and it's likely to provide more fuel for the housing market.

Friday, March 22nd 2013

Fewer Kiwis left for Australia last month than in any month in the past two years.

That is likely to further bolster the strong housing market.

Just 3770 New Zealanders moved to Australia in February, compared to 4630 a year earlier.

And 1420 people moved back from Australia.

ASB economist Daniel Smith said departures would continue to fall as the Christchurch rebuild gathered momentum and the labour market improved.

Overall, New Zealand had a net gain of 550 migrants last month, carrying on a trend seen for six months.

Unity First Home Buyer special	3.99
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.39
TSB Special	4.49
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49
Kiwibank Special	4.49

TSB Special	4.49
Westpac Special	4.49
Wairarapa Building Society	4.59
ICBC	4.59
SBS Bank Special	4.65
Unity Special	4.65
ANZ Special	4.65
AIA - Go Home Loans	4.65
ASB Bank	4.65
BNZ - Std	4.65
Nelson Building Society	4.69

SBS Bank Special	4.99
Westpac Special	4.99
ICBC	4.99
TSB Special	5.39
BNZ - Std	5.39
AIA - Go Home Loans	5.39
ASB Bank	5.39
ANZ	5.49
Co-operative Bank - Owner Occ	5.49
Kainga Ora	5.49
SBS Bank	5.59

SBS Construction lending for FHB	3.74
CFML 321 Loans	4.25
AIA - Back My Build	4.44
ICBC	5.39
Heartland Bank - Online	5.45
Co-operative Bank - Owner Occ	5.70
Co-operative Bank - Standard	5.70
ANZ	5.89
TSB Special	5.94
ASB Bank	5.99
Pepper Money Prime	5.99

Property

Migration turnaround likely to boost prices

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