Strong ‘buyer’s market’ working against anyone trying to sell an apartment
Almost 20% of Auckland sellers lost money on properties they sold in the first quarter of this year, Cotality says – and more than 40% of people selling apartments. Cotality…
Consent-free granny flat rules to be expanded
The Government has announced it will be expanding its consent-free granny flat rules. The new regulations for granny flats came into force in January and allowed for units up to…
ANZ now expects Reserve Bank to raise official cash rate in July
ANZ, New Zealand’s biggest bank, says it now expects three official cash rate (OCR) increases this year – in July, September and October. But it also said it only expected…