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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…
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.…
Mortgage wars heat up once again as banks compete to get first time buyers with their record low home loan interest rates.
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…
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…
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…
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 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.
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…
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…
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.
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…
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 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…
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…
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…
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…
2020 is starting off strong with record sales in Auckland and a slight rise in house prices.
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…
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…
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…
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…
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…
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…
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…