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30 Oct 2020 3:29
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  •   Home > News > Business

    Droves of returning Kiwis are pushing house prices up

    Droves of returning Kiwis are pushing house prices up


    Trade Me's property data shows there's been a nine per cent rise in house prices over the past year.

    Infometrics' Senior Economist reveals costs are high because the supply of properties isn't meeting demand.

    Brad Olsen says the wave of returnees is slowing down.

    He says things might calm down a bit by the start of next year - but the good thing is interest rates are low.

    © 2020 Newstalk ZB, NZCity


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     Top Stories

    RUGBY RUGBY
    Ngani Laumape will return from three months out of rugby by coming off the bench in the third Bledisloe Cup test this weekend More...


    BUSINESS BUSINESS
    ANZ New Zealand's cash profit for the year to September has slumped - but it's not all doom and gloom More...



     Today's News

    International:
    If Joe Biden wins the US election, would he really serve only one term? Here's what that would mean for him and Kamala Harris 22:47

    Rugby:
    Ngani Laumape will return from three months out of rugby by coming off the bench in the third Bledisloe Cup test this weekend 21:57

    Entertainment:
    Russell Wilson insisted Ciara has "changed [his] life for the better" in a sweet birthday message 21:55

    Entertainment:
    Brad Pitt has narrated an ad for Joe Biden's presidential campaign 21:25

    Law and Order:
    Police say this week's drug bust isn't linked to a specific gang 21:17

    Entertainment:
    Kyle Richards still feels "tortured" by her mother's death 20:55

    Entertainment:
    Iggy Azalea has split from Playboi Carti 20:25

    Entertainment:
    Gigi Hadid wants her daughter to grow up in a "unified" America 19:55

    Entertainment:
    Torrey DeVitto has been working in a "whole new world" since the coronavirus lockdown was eased 19:25

    Motoring:
    This years Labour weekend road toll has been the deadliest in nearly a decade 18:57


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