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29 Mar 2024 7:32
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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.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Golf:
    To a Foxy-finish with a flourish on golf's PGA Tour.. 7:27

    Entertainment:
    King Charles and Queen Camilla will attend the Easter Sunday service at Windsor Castle 7:23

    Living & Travel:
    A reminder to pet owners this long weekend to take the safety of their pets seriously 7:17

    Entertainment:
    Bill Nighy thinks he could deliver a baby via caesarean section 6:53

    Law and Order:
    Police enquires are continuing in Auckland's Brown's Bay this morning after a person died after an incident at a sushi restaurant 6:27

    Entertainment:
    Paris Hilton created a "Barbie doll perfect life" persona as a "trauma response" to the alleged abuse she suffered at school 6:23

    Business:
    Another pay offer is on the table for Police - after union members labelled the last one insulting 5:17

    Entertainment:
    Lily Allen was introduced to Mila Kunis and Ashton Kutcher as Rita Ora - and was too mortified to disclose who she really was 21:53

    Entertainment:
    Mel B's fiance visited her father's grave to "ask permission" to propose to her 21:23

    Accident and Emergency:
    State Highway 6 is blocked by a serious crash, South of Lake Paringa in the South Island's Tasman region 21:17


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