On Air Now: Danny Watson

Tell us what you think:

Talkback 0800 80 10 80
Overseas +64 9 307 1080
Text 9292 or Email Host

Mortgagee sales at new high

22/11/2009 10:16:01

Mortgagee sales have rebounded again to a new record high.

Following an uncharacteristic dip in August, figures from Terralink International show there were 343 registered mortgagee sales in September.

The previous record was 321, in July this year.

Terralink managing director Mike Donald says the jump comes as no surprise because all indicators show the worst is not over for property owners.

He does not think there will be a true decline until sometime next year.

Mr Donald says regional towns and cities are showing the greatest increases in mortgagee sales.

Share this Article:
Bookmark and Share


View All NZ Latest

Massive fire near San Francisco

A major fire is raging near San Francisco International Airport.

Read More

More congestion in Chch

Two cars have crashed on the Waimakiriri Bridge causing congestion in the area.

Read More

Men arrested over threat with gun

Two men have been arrested in Lower Hutt after threatening occupants of an Oxford Tce house.

Read More

Taxi company not surprised by ruling

Wellington Combined Taxis says it's not at all surprised by a Commerce Commission finding.

Read More