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16 Oct 2024 21:56
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  •   Home > News > Business

    More buyer interest in the housing market

    More buyer interest in the housing market


    Real Estate Institute figures show the national median house price fell 2.3 percent in the year, to 781-thousand dollars.

    Half of the regions had a median price increase.

    OneRoof editor Owen Vaughan says interest rate cuts haven't filtered through to prices yet -- but things are heating up.

    He says buyer enquiries have lifted 20 percent since the first Official Cash Rate cut in August.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     16 Oct: More reason to celebrate -- than commiserate -- about the latest inflation numbers
     16 Oct: Pressures growing - for the Reserve Bank to move more aggressively on the Official Cash Rate
     16 Oct: Inflation may be settling down, but many unavoidable costs have been rising sharply
     16 Oct: Inflation is continuing to fall, and interest rates are likely to follow suit
     16 Oct: Belief struggles will continue in the construction sector, despite a slight rise in costs
     16 Oct: Ongoing concerns for the construction sector, with fewer new-builds being considered
     15 Oct: A woman is facing 64 charges, after a string of alleged retail offending in Hamilton
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    BUSINESS BUSINESS
    More reason to celebrate -- than commiserate -- about the latest inflation numbers More...



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