This week expect to hear lots about the housing market with monthly data being released. Out this morning ins Barfoot and Thompson's latest Auckland update. It appears that people could be rushing to list their homes ahead of the new LVR restrictions due to be implemented in October. While sales activity held up in August, it was far from a strong month and may be the result of banks already acting in the spirit of the new restrictions, therefore limiting investor activity in the market. [Read on]
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