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Measures To Tackle Rising Property Market

The measures imposed last year by the RBNZ and the Government worked albeit for just a couple of months. Property prices dropped and we all took a breather from October through to February this year. The property data for March presented a rebound in both property sales and prices in Auckland and many other regions and this month is also buoyant. Therefore it’s likely more restrictions aimed at limiting demand for Auckland property will come into play soon.

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