Friday 23rd August 2002 |
Text too small? |
Overall wealth rose $1 billion or 0.5%, driven largely by a 1.4% rise in house values, to a total $211.9 billion. The housing market was having its biggest boom since 1997.
"Good population growth, driven by a rise in net migration, has seen a surge in the demand for housing, particularly rental demand," WestpacTrust economist Donna Purdue said. "With this type of accommodation supply constrained, prices have been rising, increasing the return to home owners and hence household wealth."
No comments yet
PaySauce Quarterly Market Update - September 2024
October 2nd Morning Report
Rua Releases Annual Report for Year Ended 30 June 2024
SCL - Settlement of orchard sales
The Warehouse Group 2024 ASM and Director Nominations
AIR - Update on Chief Operational Integrity and Safety Officer
Comvita Limited - Annual Report 2024
September 27th Morning Report
Spark announces departure of Finance Director
FBU - Retail Entitlement Offer Opens