Ardern and English are neck and neck in the popularity stakes. Credits: Newshub.
Suddenly, everyone is talking about politics and what a potential change of government might mean for the housing market.
Sales activity continued to cool through July and August and prices are flat to slightly down in Auckland and its surrounds. Many are now waiting for the September 23 election result for certainty on housing policy, which is similar to what was seen in the market before the September 20, 2014 election result.
A John-Key-led National appeared to have won an outright majority for a third consecutive term on that night in 2014, sparking a surge in activity in open homes and auction rooms over the following weeks. Prices rose 30 percent in Auckland over the following two years as fears about Labour’s Capital Gains Tax and New Zealand First’s foreign buyers ban receded from the market.
Sales activity continued to cool through July and August and prices are flat to slightly down in Auckland and its surrounds. Many are now waiting for the September 23 election result for certainty on housing policy, which is similar to what was seen in the market before the September 20, 2014 election result.
A John-Key-led National appeared to have won an outright majority for a third consecutive term on that night in 2014, sparking a surge in activity in open homes and auction rooms over the following weeks. Prices rose 30 percent in Auckland over the following two years as fears about Labour’s Capital Gains Tax and New Zealand First’s foreign buyers ban receded from the market.
