Heather du Plessis-Allan Drive •
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Jenee Tibshraeny: NZ Herald Wellington business editor on the property market heating up in August - Heather du Plessis-Allan Drive

Heather du Plessis-Allan Drive

The property market roared to life in August, according to new data. 

The Reserve Bank's latest mortgage lending data shows banks issued $5.8 billion worth of mortgages last month- up 15.7 percent from July.

NZ Herald Wellington business editor Jenee Tibshraeny says this marks a turnaround for the property market.

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Jenee Tibshraeny: NZ Herald Wellington business editor on the property market heating up in August - Heather du Plessis-Allan Drive