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Mortgage Interest vs Household income
What an interesting chart
This suggests that current homes in Wellington are affordable, but Auckland has gone ballistic on speculation?
What do you think?
Property Renting Market Stats
Statistics for Landlords (and sometimes tenants)
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Statistically Challenged?
Here are some hints;
Inventory (or Listings) is an approximate form of identifying the "Vacancy rate”. Internationally a 3% vacancy rate is a market in balance. I believe it is more like 2.5% in NZ - possibly due to Government housing.
The market is always seasonal.
I am slowly building this website, if you need more coverage please comment and I will see if I can assist
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© Jonette 2011