December 2015 Referrer News
Finally, after years of double-digit price increases, Auckland's house price inflation began to cool through October and November and is expected to remain cool through the summer, unlike much of the rest of the country.
The twin-pronged attack on Auckland announced by the Reserve Bank and Government in May took more than six months to take effect, but the first statistical evidence emerged in early December of a slowdown in housing market activity.
Finally, after years of double-digit price increases, Auckland's house price inflation began to cool through October and November and is expected to remain cool through the summer, unlike much of the rest of the country.
The twin-pronged attack on Auckland announced by the Reserve Bank and Government in May took more than six months to take effect, but the first statistical evidence emerged in early December of a slowdown in housing market activity.
