Bloomberg Television published this video item, entitled “New Zealand First-Time Homebuyers Seize Brief Window” – below is their description.
New Zealand’s home-building approvals fell 5.2% month-on-month in July versus revised increase of 3.4% in June. Meanwhile, the country’s slump in house price has given first-time homebuyers a welcomed leg up in their quest to purchase a property, but that opportunity may be short-lived. Ainsley Thomson reports on Bloomberg Television.
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