Toronto’s housing market has bounced back ... according to the Real Estate Institute of New Zealand. Another report for April suggests the price for residential properties was NZ$776,729.
More than 70% of the household portfolio is held in real estate, an illiquid asset. Of 16 developed countries, FitchRatings found New Zealand homes are the most overvalued on a price-to-rent ratio ...
New Zealand's parliament has banned many foreigners from buying existing homes in the country - a move aimed at making properties more affordable. The ban only applies to non-residents ...
It has the most unaffordable housing market among the 36 Organisation ... the acting chief executive at the Real Estate Institute of New Zealand (REINZ). REINZ figures show the median price ...
The country's success in combating the coronavirus has made it a safe haven for returning Kiwis and investors, who have parked their funds in real estate, pushing house prices up 23% in just 12 months ...