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Property Market Stories - Page 20

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Property Market stories

How scrapping LVRs will change the market
Bank of New Zealand

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
Housing market predictions post-lockdown
Property Market

Housing market predictions post-lockdown

Transaction volumes are expected to fall sharply after lockdown, with weaker demand and limited listings likely to push prices lower.

By Michael Curreen • 3 min read • Mon, 20th Apr 2020
Seven ways to manage your holdings through the lockdown and downturn
Risk & Compliance

Seven ways to manage your holdings through the lockdown and downturn

New Zealand property owners are being urged to avoid panic decisions, as low rates and support measures may help cushion the lockdown fallout.

By Michael Curreen • 7 min read • Mon, 13th Apr 2020
Kiwis still house hunting during lockdown
Social Media

Kiwis still house hunting during lockdown

Online property searches have surged as lockdown restrictions curb listings, while average asking prices in March still rose 5% year on year.

By Michael Curreen • 2 min read • Mon, 6th Apr 2020
Lockdown laws that will affect every landlord
Power / Energy

Lockdown laws that will affect every landlord

Tenants face a temporary freeze on rent rises and evictions as New Zealand's four-week COVID-19 lockdown halts viewings and house moves.

By Michael Curreen • 5 min read • Thu, 26th Mar 2020
How the government’s $6.8b transport spend-up will effect the property market
Auckland Council

How the government’s $6.8b transport spend-up will effect the property market

Auckland’s southern land values could rise as the transport package unlocks new homes, jobs and development, Colliers says.

By Staff Writer • 4 min read • Wed, 25th Mar 2020
OCR slash will help carry real estate momentum
Bank of New Zealand

OCR slash will help carry real estate momentum

Lower borrowing costs are expected to bolster New Zealand property demand, with record-low interest rates giving buyers greater certainty and confidence.

By Michael Curreen • 2 min read • Tue, 17th Mar 2020
Start of 2020 sees prices continue to rise
Supply Chain

Start of 2020 sees prices continue to rise

New Zealand home values kept climbing in February, lifting the average house to NZD $722,475 and worsening affordability for buyers.

By Michael Curreen • 4 min read • Tue, 3rd Mar 2020
Why this March could be a good time to list
Climate change

Why this March could be a good time to list

Buyers could face stronger competition and higher prices this month as warm weather and tight stock tempt more vendors to list.

By Michael Curreen • 2 min read • Sun, 1st Mar 2020
First-home developments going gangbusters
Auckland Council

First-home developments going gangbusters

Demand for affordable Auckland townhouses is squeezing supply, as first-home buyers snap up projects off the plans before building begins.

By Michael Curreen • 4 min read • Sun, 23rd Feb 2020
Busiest January in 4 years sees strong start to new decade
Northland

Busiest January in 4 years sees strong start to new decade

Tight stock and low borrowing costs helped drive New Zealand home sales to their busiest January in four years, REINZ said.

By Michael Curreen • 10 min read • Tue, 18th Feb 2020
How will The Big New Zealand Upgrade effect property?
Public Sector

How will The Big New Zealand Upgrade effect property?

Transport spending could lift office, industrial and retail demand, but it may also squeeze supply and push up development costs.

By Michael Curreen • 4 min read • Sun, 9th Feb 2020
Where are investors most active?
Bank of New Zealand

Where are investors most active?

Mortgaged buyers lifted their share of property purchases to 25% by the end of 2019, with some suburbs seeing them dominate the market.

By Michael Curreen • 3 min read • Sun, 2nd Feb 2020
How technology is changing property development
Software-as-a-Service

How technology is changing property development

Developers can now assess sites in minutes, as new data tools cut weeks from feasibility work and simplify approvals.

By Michael Curreen • 2 min read • Mon, 27th Jan 2020
Lifestyle blocks on the rise
Northland

Lifestyle blocks on the rise

Lifestyle property sales picked up over summer, with the national median price reaching NZD $725,000 and demand still firm across several regions.

By Michael Curreen • 4 min read • Fri, 24th Jan 2020
New Zealand housing now second least affordable in the world
Housing

New Zealand housing now second least affordable in the world

A new report has reinforced pressure on ministers to back council infrastructure spending, after all eight cities were classed as severely unaffordable.

By Michael Curreen • 3 min read • Mon, 20th Jan 2020
2019’s record-breaking finish
Northland

2019’s record-breaking finish

Tight supply and stronger demand lifted New Zealand house sales 12.3% in December, with prices rising in 15 of 16 regions.

By Michael Curreen • 9 min read • Fri, 17th Jan 2020
2020 set to be good year for Auckland real estate
Auckland Council

2020 set to be good year for Auckland real estate

Auckland's housing recovery is gathering pace, with low rates and tight listings expected to push prices higher in 2020.

By Michael Curreen • 3 min read • Tue, 7th Jan 2020
New Zealand house prices reach record highs
Northland

New Zealand house prices reach record highs

Higher borrowing demand and scant listings pushed New Zealand’s national median house price to a record NZD $630,000 in November.

By Michael Curreen • 10 min read • Fri, 13th Dec 2019