Spending on residential property has skyrocketed in the past 11 months
Spending on residential property has skyrocketed in the past 11 months
23 December 2020
The Real Estate Institute's annual market review's found Kiwis spent 12 billion more on residential property than in 2019.
But Institute Chief Executive, Bindi Norwell, says although that's great for construction ... it's bitter sweet for people wanting homes.
She says it's put huge pressure on not just Auckland, but also the regions.
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