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Ray White November Sales Results

The Ray White Group has increased their property sales for the month of November 2013 by 8% on last year’s November result; however the sales are down by 5% on October 2013 results. The recent introduction of the LVR changes put into place by the Reserve Bank have had an impact on the ability of… Read more »

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New Zealand Home Affordability up 17.7%

The largest improvement in New Zealand home affordability in a decade is attracting more first home buyers, although the high deposit rates required by banks remains a hurdle, according to a survey today. Home affordability improved by 8.5 percent between February and May, and by 17.7 percent over the year to May, the quarterly Massey University… Read more »