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Viewing entries tagged with 'housing shortage'

September 13

Major Housing Crisis Looms in New Zealand?

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Is this a strong signal to potential investors that now might be a good time to invest? However, as always, there will be certain areas and properties that are better than others. As such, it is important to “do your homework” and research the options. Read the article here

September 5

Insurer predicts shortage will lead to higher house prices

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House prices could increase by 12 per cent over the next three years, a mortgage insurer says. A report into the country's housing market, released yesterday, finds a shortage of new housing is driving property values up.

Predicted house price increases in the three years to June 2014

* Auckland: +16 per cent

* Northland: +11 per cent

* Hawkes Bay: +20 per cent

* Waikato,Bay of Plenty,Gisborne: +3 per cent Read article here