Competition between first and second home buyers is heating up the market
Competition between first and second home buyers is heating up the market
8 January 2020
December's QV House Price Index has just been released.
The average national house price has increased 4 percent since last December - to 710 thousand dollars.
General Manager David Nagel says financial providers are reporting that a lot of people want to buy additional homes.
He says that's not good news for first home buyers as it means the prices for homes are being driven up.
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