Auckland housing market

[Mush]

REINZ data out this morning

http://www.interest.co.nz/property/8...ountry-buoyant

Auckland Median price drops
Auckland volumes down 23% pcp
Fresh record highs elsewhere in the country (Usually lags Auckland)
Also drop in sales numbers in Waikato/BOP (-22% pcp)
Adjusted median days to sell lifted for first time in 5 months

Looks like new LVRs are having an effect on investor demand, along with a general tightening of credit conditions.

[Lewylewylewy]

REINZ data out this morning

http://www.interest.co.nz/property/8...ountry-buoyant

Auckland Median price drops
Auckland volumes down 23% pcp
Fresh record highs elsewhere in the country (Usually lags Auckland)
Also drop in sales numbers in Waikato/BOP (-22% pcp)
Adjusted median days to sell lifted for first time in 5 months

Looks like new LVRs are having an effect on investor demand, along with a general tightening of credit conditions.

It did hault after the LVR change, but it looks like sales are starting up again