Celebrating the 20th anniversary of the World Milk Day; falls on June 1
Twenty years ago, World Milk Day was established by the Food and Agriculture Organisation of the United Nations to recognize the importance of milk as a global food, and to…
Nido – New Zealand’s newest retail store – show good sales during the launch weekend
Average retail sales significantly higher than forecasts at the opening of New Zealand’s newest retail store, bode well for the sector, according to its owner.
COVID-19 Recovery Support measures announced throughout last week
A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of…
Mortgage wars heat up in post lockdown as sales begin to rise in Auckland
Mortgage wars heat up once again as banks compete to get first time buyers with their record low home loan interest rates.
Official Cash Rate remains at 0.25 per cent and property market expected to pick up as restrictions are lifted
It came as no surprise that the Reserve bank has kept the OCR at 0.25 per cent, hinting that it could be dropped lower in the future, just as the…
What will happen to house price?
According to the CoreLogic QV April 2020 House Price Index results out this week, momentum in the property market continued right up to the level four COVID-19 enforced lockdown. What’s…
Property market could recover sooner as Level 2 looms
A new report from One Roof has revealed that the local property market may recover faster than anticipated, just as the real estate industry prepares for a return to normalcy…
NZ Covid-19 support for businesses
One-off government loans are available for businesses and organisations impacted by COVID-19, including sole traders and the self-employed, to help with cash flow.
Reserve Bank lifts LVR restrictions as property market moves into Post-COVID-19 future
The Reserve Bank announced last week that it will be lifting its value ratio restrictions for 12 months with hopes to keep lending and investing afloat in the post COVID-19…
The hypocrisy of New Zealand universities capitalising on COVID-19, says New Zealand International Students’ Association
Recent media articles have shown that universities are clinging onto the hope of bringing in more international students in 2021 due to successful government efforts to contain the COVID-19 virus…
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 Bank’s 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: “The upswing continues”
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 – 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…
