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16 Feb 2019 18:25
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  •   Home > News > Business

    Good news for house-buyers in Canterbury and the West Coast

    Good news for house-buyers in Canterbury and the West Coast

    12 February 2019
    The latest Massey Home Affordability Report shows Canterbury and Westland have experienced the most significant improvement in housing affordability in the past year - at 9.3 percent.

    This was followed by the country's least affordable regions, with Auckland showing an improvement of 7.5 percent and the Central Otago Lakes of 5.3 percent.

    Northland faces the greatest decline in housing affordability, at 16.1 percent.

    The report says a 6.5 percent increase in national median house price has been partially offset by a small decrease in mortgage rates and steady wage increases.

    © 2019 Newstalk ZB, NZCity


     Other Business News
     16 Feb: China's economic downturn leads to increased worker protests and strikes across the country
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     15 Feb: US sports store owner boycotts Nike to protest against Colin Kaepernick ad, goes out of business
     15 Feb: New Zealand's biggest seafood exporter - Sanford - is having issues getting salmon exports to China cleared
     15 Feb: The United Kingdom has overtaken China, as our third-largest source of overseas tourists
     15 Feb: A multi-million dollar boost for Methven, in the south Island
     15 Feb: Prospective home buyers are feeling more positive about the market
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     Today's News

    International:
    Rare Super Mario Bros 'test launch' copy sells for $140,000 in record price for a video game 18:16

    Entertainment:
    Charlie Sheen was on another planet during his battle with addiction 18:08

    Rugby:
    The Crusaders are expecting a firm challenge at Eden Park tonight 18:06

    Entertainment:
    Jennifer Lopez felt "addicted" to sugary treats whilst preparing for her latest movie role 17:38

    Law and Order:
    Police are treating the death of a woman whose body was found in Whairepo Lagoon, near Frank Kitts Park today as unexplained 17:36

    Basketball:
    Kevin Braswell will continue to look in the mirror and ask how he can become a better coach 17:26

    Entertainment:
    Jussie Smollett is "p***ed off" that people don't believe the "truth" about him being attacked 17:08

    Boxing:
    Joseph Parker is staying loyal 16:56

    Entertainment:
    Keith Richards is "drying out" and has cut back on drinking 16:38

    Rugby League:
    The Breakers are motivated to make good on a promise when they meet the Brisbane Bullets in their final Australian Basketball League match tonight 16:16


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