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Jenee Tibshraeny: NZ Herald Wellington business editor on the property market heating up in August

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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