10 per cent of NZ house buyers waiting for a property crashMore than one in 10 buyers are hoping for a price collapse. More than one in 10 New Zealand house-hunters are delaying buying a home in the hope that the property market will crash, data shows. A survey by Canstar Blue found 11 per cent of buyers were holding off in the hope of a property price collapse. The Auckland and Canterbury markets were putting off 15 per cent of buyers, but only 2 per cent of those in Northland. SUPPLIED Tony Alexander says it is unreasonable to put off buying in the hope of a house price correction.

Source: Stuff November 10, 2016 23:13 UTC