FINANCIAL REVIEW Auckland house prices are up 20pc, or unchanged if you are Chinese

Auckland home prices are up more than 20 per cent in the past year. If you’re a buyer from China or the US, they’re not.

The slump in New Zealand’s currency has made properties in the country’s largest city a bargain for foreigners, creating a headache for central bank Governor Graeme Wheeler, who has been trying to put a lid on the country’s overheated property market.

Published on the 18 August 2015, Director Alan Henderson was asked to comment.

Click here for the article online or Artile PDF

Published on Monday, August 24th, 2015, under Articles, House Price Rise Issues, In the media

Comments are closed.

Disclaimer  |  Privacy Policy  |  REAA Rules  |  Copyright © 2018 Erskine & Owen, All rights reserved. Licensed (REAA 2008)