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21 May 2022 4:45
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  •   Home > News > Politics

    Buyers should wait for the right moment, to jump on to the housing ladder

    Buyers should wait for the right moment, to jump on to the housing ladder


    New figures from Core Logic shows only 36 of the country's almost one-thousand suburbs now have a median house value below 400-hundred thousand dollars.

    And the median value in seven suburbs increased by more than 40-percent last year.

    Chief Property Economist Kelvin Davidson says prices are expected to slow down this year.

    He says as mortgage rates rise, lending rules tighten, and buyers get more choice, prices will balance out.

    © 2022 Newstalk ZB, NZCity

     Other Politics News
     20 May: Canada bans China's Huawei Technologies from 5G networks
     20 May: It's hoped more competition will come about following the Government's war with the supermarket duopoly
     20 May: Praise for the Budget Boost for Whangarei Hospital
     20 May: Time will tell how many people will actually benefit from changes to help first home buyers
     20 May: The National Maori Authority Chair is fighting off negative backlash from the Government's latest budget
     19 May: The Finance Minister's leaving the door open for extending a new cost of living payment
     19 May: The Finance Minister says his Budget strikes a balance... during tough times for many Kiwis
     Top Stories

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    The All Blacks Sevens have made big improvements leading into this weekend's World Series event in Toulouse More...


    BUSINESS BUSINESS
    It's hoped more competition will come about following the Government's war with the supermarket duopoly More...



     Today's News

    Rugby:
    The All Blacks Sevens have made big improvements leading into this weekend's World Series event in Toulouse 21:50

    Entertainment:
    Taylor Hawkins' friends have claimed he was "exhausted" by Foo Fighters' touring schedule before he died 21:41

    Rugby:
    All Blacks Sevens coach Clark Laidlaw is enjoying the mix of youth and experience in his squad 21:20

    Entertainment:
    Jeannie Mai had a "treacherous" experience with postpartum anxiety 21:11

    Politics:
    Canada bans China's Huawei Technologies from 5G networks 21:00

    Entertainment:
    Star Wars' move into television was an "organic" development for the franchise 20:41

    Entertainment:
    Andy Cohen is excited about trying different hairstyles on his daughter 20:11

    International:
    As the World Turns star Marnie Schulenburg dies, aged 37, two years after breast cancer diagnosis 19:50

    Entertainment:
    Anna Delvey is planning to hold an art show 19:41

    Rugby:
    Coach Aaron Mauger's clear on what he wants from Moana Pasifika in tonight's Super Rugby Pacific match against the Reds in Brisbane 19:30


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