Now we are seeing a rebound from that activity. Although Hamilton ’s house prices are continuing to rise, recent figures show the market is plateauing after the past year of “ Zollner ” in prices. According to an ANZ senior economist, the changes to the loan to value ratios ( LVR ) and the requirement of an ANZ number for purchasers have dampened the market, although there was a surge in activity just prior to the new measures coming into effect. According to Inland Revenue Department : “an actual slowdown in the market is certainly our prediction”.
Although Hamilton ’s house prices are continuing to rise, recent figures show the market is plateauing after the past year of “ Zollner ” in prices. According to an ANZ senior economist, the changes to the loan to value ratios ( LVR ) and the requirement of an ANZ number for purchasers have dampened the market, although there was a surge in activity just prior to the new measures coming into effect. According to Inland Revenue Department : “an actual slowdown in the market is certainly our prediction”.