The RBNZ has made the decision to further relax the rules around loan to value ratios (LVRs), which will offer our housing market a much-needed adrenaline shot. An LVR is how much you borrow, compared to the value of the thing you’re buying. It’s expressed as a percentage. So, if you’re buying an apartment … Read more
Excerpts from the October report by the Real Estate Institute of New Zealand (REINZ). The Auckland market had a more upbeat feel during October due to a significant increase in listings (+20%), including new developments in key residential suburbs. Days to sell also decreased by three days year-on-year … Read more
The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. We can provide you with a … Read more
The low number of new listings in July has meant that the number of houses sold in New Zealand during September decreased by -3.0% year-on-year. This was the lowest level number of properties sold since January this year, according to the latest data from the Real Estate Institute of New … Read more
The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. We can provide you with a … Read more
Landlords – the New Zealand tenancy space has seen more changes in the last 18 months than in the last 18 years combined – and more is on the way. Are you up to date? Join us for an evening of free information, advice and resources to help you navigate … Read more
If you’re talking to a first home buyer who may be in doubt on how they can finance their first home, our Loan Market brokers can bring them up to speed about the KiwiSaver HomeStart grant that could be the answer they are looking for. What is KiwiSaver? KiwiSaver … Read more
According to the latest data from the Real Estate Institute of New Zealand (REINZ), the median house price for Auckland saw the first year-on-year increase in six months, with a rise of 1.4% to $852,000 in August. Bindi Norwell, CEO of the REINZ, commented “after six months of flat prices … Read more
The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. We can provide you with a … Read more
By Alister Helm. It’s a fairly commonly-held belief that house prices double every 10 years. Is it correct? Can it be guaranteed? And is there fact to back up the assertion? In researching this question, I found that asking the question on Google “Do house prices double every 10 years” provides a pretty comprehensive … Read more