News | Business
3 Dec 2020 1:27
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    The long weekend has seen an unexpected frenzy of new house buyers and investors, since LVRs came off earlier last year

    The long weekend has seen an unexpected frenzy of new house buyers and investors, since LVRs came off earlier last year


    But the Reserve Bank is mulling over their re-introduction, with prices expected to rise by up to 12 percent by next June.

    Owner of Century 21 Derryn Mayne says scrapping LVRs has enabled more young Kiwis to buy their first homes.

    She says some first home buyers could be taken out of the market for years, if high deposits are added back in.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     02 Dec: An industry leader says a drop in meat exports is no cause for concern
     02 Dec: Only a small amount of New Zealanders are benefiting from financial advice, during a time when it would be useful
     02 Dec: Experts are blaming travel restrictions for the shrink in our economy
     02 Dec: Aucklanders face a higher-than-planned hike of five percent in their rates bills, to help plug a billion dollar fall in council revenue
     02 Dec: It's not normal, but neither is it as bad as feared
     02 Dec: British department store chain Debenhams is set to close -- more than two centuries after it started
     02 Dec: The end of the road for a 242-year-old giant of British retailing
     Top Stories

    RUGBY RUGBY
    Coach Clayton McMillan has named four debutants in his Maori All Blacks matchday 23 for the one-off match against Moana Pasifika in Hamilton on Saturday More...


    BUSINESS BUSINESS
    An industry leader says a drop in meat exports is no cause for concern More...



     Today's News

    Environment:
    It's burst pipe after burst pipe in Wellington - with 30 properties without water in the CBD this time 21:57

    International:
    Michael Schumacher's son Mick to race for Haas in Formula 1 next year 21:57

    Entertainment:
    James Corden developed "faux confidence" after being bullied at school 21:29

    Law and Order:
    Realities of being a 35-year-old international wicketkeeper-batsman brought home to B-J Watling 21:17

    Entertainment:
    Kelly Clarkson has been given primary custody of her children 20:59

    Entertainment:
    Hugh Jackman is inspired by Deborra-Lee Furness' "joie de vivre" 20:29

    Entertainment:
    Lisa Snowdon has found a "truly freeing" comfort in her own skin 19:59

    Entertainment:
    Ryan Reynolds has taken a "hard pass" on calls to have a street named in his honour 19:29

    Entertainment:
    Kerry Washington won't let fame stop her from "participating" in democracy 18:59

    Politics:
    New Zealand has joined a global call to drink Australian wine to send a message to China 18:57


     News Search






    Power Search


    © 2020 New Zealand City Ltd