Don't take my word for it - how about Massey University researchers. In todays news:
"Homes became more affordable in the three months to August 31 mostly because of low interest rates, according to the Massey University Home Affordability report.
Home affordability improved by 2.3 percent in the quarter, which was less than the 8.5 percent improvement between February and May.
Home affordability improved 17 percent on an annual basis."
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