Tue, Oct 21, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Residential property Watch more

NZ: IMF report shows housing focus right - Key

Posted on 19 March 2013

A report warning of a sharp downturn in house prices shows the Government is focused on the right area, Prime Minister John Key says. The International Monetary Fund has highlighted a strengthening housing market as one of the risks facing the New Zealand economy over the next 12 months. Rising price expectations could fuel another housing bubble, it says.
In its annual report card, the IMF said household credit growth, housing market turnover and house-price inflation had all recently picked up, particularly in Auckland where supply bottlenecks persisted and prices remained elevated “by most measures of affordability”………………………………………..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
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031