News

Are you financially ready to sell?

When it comes to selling your home, it’s important to understand your financial position. Knowing the value of your home will enable you to gauge what you can afford, and what you can borrow. Join Jane in ‘Home Straight’, our free video series for Kiwi home owners. Having recently sold her own home, Jane will take […]

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A Short Look Back At Past Property Cycles

18 June 2018 Some of the main centres have seen small falls in property values over the past few months, but there’s no reason to think that these drops will become more significant or sustained. Since February, five of the six main centres have seen property values fall in at least two individual months. In […]

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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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A rise in new property listings nationally is strongly underpinned by the Canterbury and Wellington regions

Real-time data from realestate.co.nz shows new property listings rose year on year for the first time since November 2017, when looking across New Zealand. New properties to market hit 9,899 in April, representing a 1.9% increase compared to the same period last year. “On the face of it this increase looks relatively modest, but it’s […]

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Bright Line Test extended from two years to five

The bill which will see the bright line test extended by three years has passed its third reading and will become law. On Tuesday night, the Taxation (Annual Rates for 2017-18, Employment and Investment Income and Remedial Matters) Bill was passed 63 to 57. Labour, New Zealand First and the Greens all voted in favour, […]

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House prices rise 6.9% across New Zealand

14 March 2018 House prices rise 6.9% across New Zealand according to latest REINZ figures The median house price for New Zealand rose 6.9% in February to $530,000 up from $496,000 in February 2017 according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate […]

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