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Century 21 Stories - Page 3

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Century 21 stories

LVR restrictions return to cool property market
Real estate

LVR restrictions return to cool property market

House prices are likely to cool after the Reserve Bank reinstated loan-to-value curbs from 1 March amid stability concerns.

By Michael Curreen • 4 min read • Wed, 10th Feb 2021
Are property investors out of control?
Real estate

Are property investors out of control?

Possible tighter rules could curb investor demand as mortgaged buyers regain a 27% share of the housing market, CoreLogic says.

By Michael Curreen • 7 min read • Sun, 31st Jan 2021
Record low listings driving up house prices
Real estate

Record low listings driving up house prices

Record shortages of homes for sale are fuelling the pressure, with New Zealand’s median house price climbing to a fresh high for the fourth month.

By Michael Curreen • 12 min read • Sun, 17th Jan 2021
Do you really need a real estate agent?
Real estate

Do you really need a real estate agent?

Home sellers using an agent are getting an average 15% more than private vendors, the biggest premium seen by REINZ in 18 years.

By Michael Curreen • 5 min read • Mon, 21st Dec 2020
Listings hit rock bottom after most sales in 13 years
Real estate

Listings hit rock bottom after most sales in 13 years

A shortage of homes for sale is fuelling record house prices and leaving buyers with fewer options, despite the busiest November in 13 years.

By Michael Curreen • 6 min read • Mon, 14th Dec 2020
Home Start grant update a priority for summer market
Real estate

Home Start grant update a priority for summer market

Only a third of New Zealand homes now qualify for the Home Start grant, intensifying calls to lift price caps before summer buying picks up.

By Michael Curreen • 2 min read • Fri, 20th Nov 2020
Property market running red hot with listings alarmingly light
Real estate

Property market running red hot with listings alarmingly light

Listings fell to record lows as buyers pushed Auckland’s median house price to GBP £1 million and nationwide sales hit a 14-year October high.

By Michael Curreen • 12 min read • Fri, 13th Nov 2020
Return of LVRs a cruel blow to first home buyers
Real estate

Return of LVRs a cruel blow to first home buyers

Record-low rates have lifted first home buyers to a 25% market share, but reimposed lending curbs could force many out again.

By Michael Curreen • 3 min read • Mon, 26th Oct 2020
End of the brain drain and Kiwi returnees offset migration losses
Real estate

End of the brain drain and Kiwi returnees offset migration losses

Lower migration losses are still propping up housing demand, though CoreLogic says border closures will eventually curb population growth.

By Staff Writer • 3 min read • Sun, 18th Oct 2020
Will house prices continue to rise as we enter recession?
Real estate

Will house prices continue to rise as we enter recession?

Record house prices and strong sales are fuelling doubts over Treasury’s forecast of a 5% fall by June next year.

By Michael Curreen • 8 min read • Sun, 20th Sep 2020
Spring looking up as lockdown lifts
Real estate

Spring looking up as lockdown lifts

Pent-up demand is expected to lift sales as Aucklanders return to the market after nearly three weeks in lockdown.

By Michael Curreen • 2 min read • Tue, 1st Sep 2020
Should mortgage holidays be extended?
Real estate

Should mortgage holidays be extended?

House prices and sales could weaken in September unless the Government extends mortgage deferrals as the wage subsidy ends and election looms.

By Michael Curreen • 2 min read • Thu, 30th Jul 2020
COVID-19 fallout not as bad as expected
Real estate

COVID-19 fallout not as bad as expected

House prices and sales have climbed to four-year highs in New Zealand, despite earlier fears of a post-COVID downturn.

By Michael Curreen • 10 min read • Wed, 15th Jul 2020
Real estate boss disputes claims Auckland has become a buyers’ market
Real estate

Real estate boss disputes claims Auckland has become a buyers’ market

Sales momentum remains firm in Auckland, with first-home buyers and investors still active despite claims the city has tipped into a buyers’ market.

By Michael Curreen • 2 min read • Sun, 5th Jul 2020
‘Mum and Dad’ investors driving prices back up
Real estate

‘Mum and Dad’ investors driving prices back up

Lower deposit rules and weak bank returns are drawing small investors into housing, helping keep prices elevated across New Zealand.

By Michael Curreen • 2 min read • Wed, 24th Jun 2020
COVID-19 tail still impacting market
Real estate

COVID-19 tail still impacting market

Property sales jumped in May as lockdown eased, but volumes remained 46.6% below a year earlier and days to sell hit record highs.

By Michael Curreen • 11 min read • Mon, 15th Jun 2020
Winter ripe for first-home buyers
Real estate

Winter ripe for first-home buyers

Lower deposits and record-low borrowing costs are giving first-home buyers their strongest opening in more than a decade this winter.

By Michael Curreen • 2 min read • Mon, 1st Jun 2020
Should the foreign buyer ban be lifted?
Real estate

Should the foreign buyer ban be lifted?

With mortgage rules easing, the Government is being urged to soften New Zealand's foreign buyer ban to help revive property sales and investment.

By Michael Curreen • 4 min read • Wed, 20th May 2020
How scrapping LVRs will change the market
Real estate

How scrapping LVRs will change the market

First-home buyers could face lower deposit hurdles as the Reserve Bank weighs scrapping mortgage loan-to-value rules for a year.

By Michael Curreen • 2 min read • Wed, 22nd Apr 2020