标题: ZT: Property Report: Is this the beginning of a crash? [打印本页] 作者: NewLynnHse 时间: 2014-6-9 11:11:35 标题: ZT: Property Report: Is this the beginning of a crash?
Evidence is accumulating that the housing market has turned. Is it a temporary hiccup caused by the Reserve Bank's imposition of restrictions on high-LVR lending and higher interest rates, with the market set to soon rebound to new highs? Or is it the beginning of a crash?
The housing market is a tricky thing to predict, but the truth probably lies somewhere in the middle.
Let's examine the evidence that things are slowing. REINZ data shows national house sales are running around 12 per cent lower than a year ago, and nearly 14 per cent lower in Auckland. House price inflation tends to follow sales with about a three month lag, so it is not surprising that QV data shows annual house price inflation has steadily eased since its peak of 10 per cent in December last year, and the monthly numbers show prices have all but stopped rising. In addition, the value of mortgage approvals is now declining, according to Reserve Bank data.
................作者: 阿海 时间: 2014-6-9 11:15:29
temporary hiccup caused by LVR restriction.作者: phlip0813 时间: 2014-6-9 11:25:17