Source: NZ Herald, Feb 25, 2012
A surge in the number of people applying for mortgages last month is further evidence New Zealanders are back buying property, say real estate experts.
Credit bureau Veda has released figures which show a 25 per cent jump in the number of mortgage applications last month compared to January 2011.
January saw a 39 per cent increase in Gen Y (under 28) mortgage applications, and Gen X (28-43) applicants were up by 29 per cent.
Steve Lindsay 