Wed, Nov 26, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Emerging Trends, Residential property Watch more

New Zealand’s property market continues to boom

Posted on 18 March 2013

Fears that the housing market in New Zealand is overheating has raised concerns that mortgage interest rates will increase sooner than expected in a bid to cool the market, according to economists.
Some property experts are predicting that prices will rise by 9% this year with some already increasing by 1.7% in the last three months and 6.3% in the last year. Now economists are saying that the current interest rate of 2.5% will have to be increased by the end of the year to help control the property market………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930