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.

LISTEN ABOVE

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.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.