Housing market continues to soften in Auckland
Jen Baird, chief executive of REINZ said “Market sentiment has shifted and with pressure to buy easing, we are seeing less competition, […]
Reserve Bank hikes OCR to 1% to control rising inflation
With surging inflation, rising house prices and a tight labour market, the Reserve bank signalled its move by increasing the OCR rate […]
First home buyers caught amongst rising inflation and interest rates
Jen Baird, chief executive of REINZ said “Market sentiment has shifted and with pressure to buy easing, we are seeing less competition, […]
Lending rules and rising interest rates calms the rising property market
CoreLogic NZ’s latest Property Market & Economic Update reveals that the New Zealand property market is anticipated to have reached its peak […]
Borrowers under pressure by rising housing prices and stricter lending requirements
The national average house climbed in value by 7.8 percent during the last three months to the end of December, up from […]
House prices growing considerably faster than wages
The New Zealand property market has witnessed another exciting year, with the CoreLogic Buyer Classification series showing a shift in market share […]
Property prices continuing to rise despite rising interest rates
A year ago, the housing market was booming, with the average house value in the country increasing 12 percent year over year […]
How unsustainable are New Zealand’s property prices?
New Zealand’s average property value surpassed $1 million in September and is currently slightly over $1.05 million. The Real Estate Institute’s house […]
Reserve bank’s monetary policies throwing spanner in the increasing property prices
CoreLogic’s House Price Index (HPI), the most comprehensive and detailed indicator of property value change in the market, just revealed that countrywide […]
New Zealand property prices continue to rise at a rapid pace, but new monthly numbers suggests the foot is slowly easing off the accelerator
It’s a sellers’ market out there. Kiwis who wait to buy until they have the upper hand may be in for a […]
Easing of lockdown restrictions brings joy to real estate market as we head into spring
The Reserve Bank has announced it will proceed with plans to increase loan-to-value limits on owner-occupied home loans beginning November 1st. Under […]
Is the property market on standstill over the lockdown?
While the number of new property listings decline, the rate of house prices growth is still on the rise. During September, Auckland’s […]