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14 Nov 2025 6:47
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      Home > News > Business

    The long weekend has seen an unexpected frenzy of new house buyers and investors, since LVRs came off earlier last year

    The long weekend has seen an unexpected frenzy of new house buyers and investors, since LVRs came off earlier last year


    But the Reserve Bank is mulling over their re-introduction, with prices expected to rise by up to 12 percent by next June.

    Owner of Century 21 Derryn Mayne says scrapping LVRs has enabled more young Kiwis to buy their first homes.

    She says some first home buyers could be taken out of the market for years, if high deposits are added back in.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     13 Nov: Claims the banking sector is still far too dominated by the Big Four banks - and still sending too much of its profits offshore
     13 Nov: The net migration gain annually to September was the lowest for a September year in more than a decade - excluding the pandemic years
     13 Nov: Associate Education Minister David Seymour's blaming strike action for poor school attendance
     13 Nov: The Commerce Commission is still weighing up whether to allow banks and major retailers to negotiate as a group with Armourguard, the country's only cash transit service
     13 Nov: One of the final slices of real estate in Christchurch's Cathedral Square is on the market
     13 Nov: Visitors to Aoraki Mt Cook will face daily parking rates of 25 dollars under a new pricing plan
     12 Nov: Shares in Transport and logistics company Mainfreight have rallied today, despite the company posting an 18.5 percent drop in first-half profit
     Top Stories

    RUGBY RUGBY
    Minimal changes are expected tonight when All Blacks coach Scott Robertson names his team to face England on Sunday morning More...

    BUSINESS BUSINESS
    Claims the banking sector is still far too dominated by the Big Four banks - and still sending too much of its profits offshore More...


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