First home buyers caught amongst rising inflation and interest rates.
The cost of living has climbed in the past 12 months by 5.2 percent - the biggest 12-month spike since 2008. For anyone trying to buy property, they may add…
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The cost of living has climbed in the past 12 months by 5.2 percent - the biggest 12-month spike since 2008. For anyone trying to buy property, they may add…
Buying your first home is as exciting as it is daunting. It takes careful planning and some serious savings to achieve the result - YOUR OWN FIRST HOME!
Meanwhile, first home buyers (FHB) have been more than happy to ‘bridge the gap’, with FHBs’ market share assisted along by variables such as KiwiSaver withdrawals and a readiness to…
It may be spring, but it feels like summer if you are watching the property market, as record levels of activity in the market are already hitting summer peaks.
The latest CoreLogic Pain & Gain report shows that the proportion of properties being resold for more than the original purchase price (i.e. a gross profit, or “gain”) in Q2…
Licensees must comply with these health requirements at alert level 2.
The market has shaken off the effects of the original lockdown with a strong return, as it continues to shake off any fears around the current lockdown, with sales in…
Despite what had been described as “inevitable” Auckland was taken by surprise last Tuesday when the government announced that COVID-19 has re-emerged in the community with no identifiable trace to…
New data has proven that despite the winter blues and post-COVID predictions, the residential market has come back swinging, with a sales success rate that hasn’t been seen in the…
First Time Buyers have broken records as they claim a record-high share of the mortgage money advanced in June, taking advantage of low mortgage rates post lockdown, mirrored by the…
Despite the ramifications of the lockdown and the annual expected winter dip, the property market is holding its own, with some welcomed good news in both the residential market and…
New figures suggest Auckland's residential property market has possibly fully recovered from the effects of the lockdown conditions that were evident in April and May, with a buyer’s market forming…
New data from the Reserve Bank and The Real Estate Industry have indicated that first home buyers are taking the most advantage of low interest rates, no LVRs and declining…
“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 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…
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…
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…
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