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…
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%. That’s 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: REINZ’s December data
Median house prices in Auckland have increased by 2.9% to $885,000 – up from $860,000 at the same time last year – 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 “Efficiency Champion” of New Zealand
Year-after-year, Sudima Hotels, has proven why the Group is “a great example of the meaningful contribution made by Indian investment and the Kiwi-Indian community in New Zealand”, 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…
Our focus is on the SME sector: Hindu Economic Forum NZ
The inaugural Hindu Economic Forum New Zealand (HEFNZ), which was held on November 23, in Auckland, focussed on small businesses and the help they need in understanding the laws and…
Auckland Property Market Heats Up as OCR Remains At 1%
The Auckland property market continues to heat up with increased buyer interest recorded in the last month, as prices remain steady. The Reserve bank surprised economists last week, announcing it…
Auckland Residential Listings Begin to Tighten as Sales Numbers Remain Steady
New data from Core Logic reveal that Auckland residential listings have remained varied across the year, with clear impacts on values, but summer volumes are beginning to tighten things up…