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15 Jul 2025 9:46
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  •   Home > News > Business

    The long weekend has seen an unexpected frenzy of new house buyers and investors, since LVRs came off earlier last year

    The long weekend has seen an unexpected frenzy of new house buyers and investors, since LVRs came off earlier last year


    But the Reserve Bank is mulling over their re-introduction, with prices expected to rise by up to 12 percent by next June.

    Owner of Century 21 Derryn Mayne says scrapping LVRs has enabled more young Kiwis to buy their first homes.

    She says some first home buyers could be taken out of the market for years, if high deposits are added back in.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
    James Brolin came extremely close to playing James Bond 9:40

    Business:
    Foodstuffs is denying allegations of illegal "cartel conduct" 9:37

    Business:
    Prices are up 2.2 percent in both Christchurch City, and in Canterbury overall 9:27

    Entertainment:
    Adam Levine is "done" with tattoos because he finds them too painful now 9:10

    Soccer:
    The Wellington Phoenix men have signed a successor to departed striker Kosta Barbarouses for the A-League football season 9:07

    Cricket:
    A case of Calypso collapse-oh at Sabina Park in Jamaica on the third day of the third pink-ball test between Australia and the West Indies 9:07

    Entertainment:
    Conner Smith's "heart is broken" after he was involved in a fatal accident 8:40

    Law and Order:
    Why Trump is sending more Patriot missiles to Ukraine and how they help Kyiv's war effort 8:17

    Law and Order:
    A 22-year-old man is due in North Shore District Court today on charges involving a stash of ammunition, drugs and a gun 8:17

    Entertainment:
    Kelly Osbourne has insisted Ozzy Osbourne is "not dying" 8:10


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