ANZ predicts housing prices to fall by 12%
“We have nudged up our house price forecasts on the back of a slightly better economic outlook and lower mortgage rates, but only slightly. We expect that house prices will…
Property listings increase as it becomes easier to buy
Property listings in the Auckland have seen a significant increase in the past week as sales begin to return in Level 1 with end to physical distancing requirements and restrictions…
Market slowly resembling normalcy as restrictions ease
As the move to Level 1 comes potentially sooner than expected, signs from the market suggest that buyers and sellers are ready to match pace. New data has revealed that…
Real estate market confidence shifts due to COVID-19, according to new REINZ report
The REINZ Residential Confidence Report for April has shown that activity in the real estate industry was extremely subdued due to COVID-19. In April $1.051 billion of residential property was…
Buy local to support locals
It feels great buying New Zealand-made goods. It’s a great way to reconnect with your community and support nearby New Zealand businesses.
Supporting Indian businesses in alert level 2
Supporting Indian businesses in alert level 2 look here for more information and know what the businesses are doing. Support local kiwi Indian businesses.
Property values showing loss of momentum, but full picture still unclear: Corelogic
According to the May 2020 QV House Price Index (HPI) results released by Corelogic this week, the momentum in the property market prior to the pandemic has since been lost.…
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…