Category: Uncategorized

Mortgage lending picks up in April after a soft March

Despite Easter/ANZAC being close together and many people taking an extended holiday (rather than visiting the bank), mortgage lending activity was solid in April. Even so, the banks in aggregate are still operating well below the LVR speed limits, and interest-only lending to investors is contained too. Over the next few months, there has to […]

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Can you trust the CV / RV?. Here’s what you need to know

The relevance of CVs (Capital Values) also known as RVs (Rateable Valuations) have been questioned recently. It’s not the first time and I’m sure it won’t be the last, but the one thing I think we have to come back to is that CVs are a great anchor point for market value and, either consciously or […]

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Confidence shows in housing market as New Zealanders get active

A deluge of new listings in Auckland, Southland, Wellington & Northland, as well as a national all-time high average asking price since records began in 2007 and all-time highs in six regions. New Zealanders are right back into the housing market, with new property listings significantly up on realestate.co.nz, the country’s largest site for residential […]

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Budget 2018: What It Means For The Property Market

17 May 2018 Nick Goodall, head of research at CoreLogic New Zealand, weighs in on the 40% increase across housing in the new 2018 budget. Grant Robertson delivered few surprises for the property market in his first budget. The Finance Minister’s focus was on helping New Zealand’s struggling families and improving social services, with the […]

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The Official Cash Rate to Remain Unchanged

10 May 2018 The Official Cash Rate was held at 1.75% today. This statement suggests that interest rates will remain unchanged until late 2019 at the earliest. The Official Cash Rate (OCR) will remain at 1.75 percent for some time to come. The direction of our next move is equally balanced, up or down. Only […]

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