PM lists support measures for businesses
On Wednesday PM Jacinda Ardern went on Facebook and listed the support measures her government has put in place for businesses during Covid-19.
COVID-19 impact on NZ real estate
The Government, retail banks and the Reserve Bank are today announcing a major financial support package for home owners and businesses affected by the economic impacts of COVID-19.
Property market quickly responds to coronavirus crisis
As the country and world quickly respond in unprecedented ways to the coronavirus crisis, those watching the property market are watching in kind with uncertainty of the future with experts…
Reserve Bank reduces OCR to 0.25% for next 12 months as part of economic response to COVID-19
Finance Minister Grant Robertson says the Reserve Bankâs independent decisions announced this week are a welcome support for the economy, with reports already that banks are looking to pass the…
$12.1 billion support for New Zealanders and business
Finance Minister Grant Robertson today outlined a $12.1 billion package to support New Zealanders and their jobs from the global impact of COVID-19.
January marked 100 consecutive months of annual house price growth says REINZ
With median house prices up by 11.8% in January, the first month of the new decade marked a milestone in a remarkable 100 consecutive months of year-on-year median house price…
Market reactions to Covid-19 – steady as she goes for now
As the national and international economies react to the fast-spreading Covid-19 virus, many are probably wondering if it will affect our current strong housing market.
CoreLogic QV February 2020 House Price Index: âThe upswing continuesâ
According to the CoreLogic QV February 2020 House Price Index results out today, the average value of property across New Zealand rose by 1.1% over the month, taking the three-month…
COVID-19: NZ Cabinet approves Business Continuity Package
This week, Cabinet approved the development of a Business Continuity Package to help support the economy through the disruption caused by COVID-19.
The summer sizzle continues as borrowing, listings and sales all increase significantly
There is no holding back in the market uplift as data for Jan-Feb 2020 reveal that not only has borrowing increased with First Time Buyers and Investors, but listings and…
Auckland house sales continue to climb into 2020
Auckland refuses to slow down the sales climb that started late last year, with new data from the Real Estate Institute of New Zealand showing a decent increase in sales…
A 30% investment return? Try Rangitikei, Clutha, and Gisborne: says CoreLogic
By combining gross rental yields with the change in property values over the past year (i.e. capital gains), we can look at total investment returns â and unsurprisingly the recent…
New Zealand: housing crisis requires bold human rights response, says UN expert
The Government of New Zealand has recognized that the country is facing a housing crisis, said Leilani Farha, UN Special Rapporteur on the right to housing, at the end of…
New homes being built increases as auction rooms sizzle
A new report has shown the number of new houses being built in the city has increased substantially in the past two years and will only continue to grow in…
Market starts out 2020 strong with strong sales and prices
2020 is starting off strong with record sales in Auckland and a slight rise in house prices.
CoreLogic QV January 2020 House Price Index: recovery in property values across Auckland has continued
According to the CoreLogic QV January 2020 House Price Index, property values rose by 0.7% over the month, with the annual rate of growth increasing to 4.4%. Thatâs a further…
House inflation predictions rise as confidence in the market returns
ANZ has raised its House Inflation Prediction from 6% to 8%, matching forecasts from other lenders as confidence in the market returns. The Government furthers its investment in the market…
Auckland median prices the highest in 32 months: REINZâs December data
Median house prices in Auckland have increased by 2.9% to $885,000 â up from $860,000 at the same time last year â the highest price in 32 months, according to…
House prices and sales up in November and continue to trend in December
Christmas has come early for those actively involved in the Auckland Market as data from the Real Estate Institute of New Zealand shows that both house prices and sales volumes…
Sudima Hotels are the âEfficiency Championâ of New Zealand
Year-after-year, Sudima Hotels, has proven why the Group is âa great example of the meaningful contribution made by Indian investment and the Kiwi-Indian community in New Zealandâ, as noted by…
Mortgage Lending Restrictions Stay as First Home Buyers Hit New Lending Heights
Following suit from their Official Cash Rate (OCR) announcement, the Reserve Bank (RBNZ) has announced that the current Loan-to-value (LVR) restrictions will also stay at their current levels. New data…
Get liquor delivered in under half-hour, courtesy a Kiwi-Indian start-up
A Kiwi-Indian couple, who launched their food-delivery start-up Give Me Bread in Christchurch in 2017, have ventured into a New Zealand first.
A Kiwi-Indian is leading the green homes revolution in New Zealand
Kush Bhargava, a naturopath by profession, who comes from Madhya Pradesh in India, has been leading the green homes revolution in New Zealand since 2010, when he established his company,…
Mortgage rates plateau as market expectations rise in positive direction
Mortgage rate may have possibly reached their lowest point in this cycle, fresh off the announcement from the Reserve Bank to keep the OCR on hold at 1%. The Reserve…
