The housing market appears likely to remain firmly in buyers' favour this winter, with more people wanting to sell properties than there are people who are willing and able to buy them. The huge overhang of unsold properties on the market that has built up over the last nine months is at least as big an influence on the housing market at the moment as the prevailing high interest rates. First home buyers will also likely be cheering recent comments by Housing Minister Chris Bishop, who said he regarded house prices as being too high. •You can have articles like this delivered directly to your inbox via our free Property Newsletter. To start receiving them, register here (it's free) and when approved you can select any of our free email newsletters.
