October 2015 heralded the addition of some fresh legislation that has created some negative feelings towards buying and selling houses
The number of sales from December 2015 was the lowest they have been in 4 years.
Auckland has seen some impressive statistics over the past year with 80% clearance at auctions.
The OCR has dropped significantly overnight to 2.5%. Economists predicted this was going to happen and the Reserve bank has
The four laws being passed are mainly affecting both local and foreign investors they are;