News | Upper South Island
12 Dec 2019 7:51
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  •   Home > News > National > Upper South Island

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

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


    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 Upper South Island News
     11 Dec: Emergency operations are standing down on the West Coast after flooding and slips since the weekend
     08 Dec: Police searching for missing woman Barbara Ann Quinn have launched a homicide investigation, after finding a body
     07 Dec: Contractors are preparing to fix some of the damage on the West Coast, caused by ongoing heavy rain
     06 Dec: Three people have died and two more are critically injured after a crash in Kaikoura
     06 Dec: West Coast Civil Defence Emergency Management Group and Westland District Council are closely monitoringtroads and rivers with heavy rain continuing to batter the region
     06 Dec: The West Coast is bracing for more flooding and slips
     04 Dec: Kiwi surfer Paige Hareb plans to shred up the West Coast of Auckland this summer in preparation of the Piha Pro
     Top Stories

    RUGBY RUGBY
    New Zealand Rugby would make some changes to the head coach selection process if they were to run it again More...


    BUSINESS BUSINESS
    Some rental agencies are absorbing the loss of business - caused by flooding across the South Island More...



     Today's News

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    Entertainment:
    Millie Bobby Brown and Billie Eilish have been honoured at PETA’s 2019 Libby Awards 7:40

    Business:
    Some rental agencies are absorbing the loss of business - caused by flooding across the South Island 7:37

    Rugby:
    New Zealand Rugby would make some changes to the head coach selection process if they were to run it again 7:27

    Rugby League:
    The end appears nigh for Craig Bellamy who admits he does not expect to continue on as an NRL coach after his Melbourne contract expires in two years 7:17

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    Entertainment:
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    Rugby:
    New All Blacks coach Ian Foster is ready to help the side move on from the World Cup heartbreak 6:27

    Entertainment:
    Cardi B decided to stay with her husband Offset after he was unfaithful to her because she “believes in forgiveness” 6:10

    Law and Order:
    The University of Canterbury says things will be done differently, following the Coroner's report into the death of a student 6:07


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