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25 Oct 2020 20:19
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  •   Home > News > Business

    Droves of returning Kiwis are pushing house prices up

    Droves of returning Kiwis are pushing house prices up


    Trade Me's property data shows there's been a nine per cent rise in house prices over the past year.

    Infometrics' Senior Economist reveals costs are high because the supply of properties isn't meeting demand.

    Brad Olsen says the wave of returnees is slowing down.

    He says things might calm down a bit by the start of next year - but the good thing is interest rates are low.

    © 2020 Newstalk ZB, NZCity


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     Today's News

    International:
    Facebook blocks user for nudity in photos of Indigenous Vanuatu ceremony 19:37

    International:
    Is the United States too far gone to save from COVID-19? Here's what the experts say 19:37

    Motorsports:
    Motorsport expert Bob McMurray hopes to see a passing of the baton moment in IndyCar tomorrow morning  18:57

    Rugby League:
    Penrith coach Ivan Cleary believes his side's slow starts could inject a bit of confidence ahead of tonight's NRL grand final in Sydney 18:37

    Rugby League:
    While he's not losing sleep over the man many consider to be the greatest, Ivan Cleary has Melbourne skipper Cameron Smith on his mind ahead of tonight's NRL grand final 18:07

    Law and Order:
    A baby has died after emergency services were called to a house in Hamilton this morning 17:27

    Living & Travel:
    New Warriors coach Nathan Brown's still waiting to get into the country 17:07

    Business:
    A leading motorsport analyst believes Scott McLaughlin's success will carry over to IndyCar 16:37

    Rugby League:
    New Warriors coach Nathan Brown concedes it's a bit of a surprise that there will even be an NRL grand final tonight 16:17

    Accident and Emergency:
    A man's been airlifted to Waikato Hospital following a crash on State Highway Two at Putorino, in Hawke's Bay 15:27


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