Massey University property expert Graham Crews says the housing market is abnormal at the moment.
Tuesday, July 15th 2003, 4:10AM
by The Landlord
Neither wage increases nor declining interest rates were enough to offset the impact of rising house prices during the June quarter, according to the latest home affordability report which is prepared by Massey University for AMP...
However, signs of overload are becoming evident in the form of high house price to income ratios, falling rental yields and the recent move of speculators into the housing market