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Roost Home loan affordability report: Affordability worsens in November (news with Bernard Hickey)

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Uploaded by on Dec 22, 2011

Roost Mortgage Brokers
Worsened in November
Median house price up
Interest rates low
Median price record
NZ$367,500 nationally
Up in Northland
Central Auckland, South
Wellington Central
Christchurch, Dunedin
Down in Auckland West
Porirua, Hutt Valley
Up to 53.8% from 53.6%
First home household
Up to 22% from 21%
Provincial areas best
Rates outlook helps
Lower for longer
Economists say
On hold til late 2012
European crisis key
Earthquake rebuild
Higher funding costs
Will banks pass it on
Supply issues
Productivity Commission
Auckland, Christchurch
Land availability

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  • Money is about to become very expensive. Especially US dollars.

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