Mortgage rate may have possibly reached their lowest point in this cycle, fresh off the announcement from the Reserve Bank to keep the OCR on hold at 1%. The Reserve bank has backed up what the big banks have been predicting, with a recent survey reporting increased signs of rising house price expectations.
Read MoreThe inaugural Hindu Economic Forum New Zealand (HEFNZ), which was held on November 23, in Auckland, focussed on small businesses and the help they need in understanding the laws and regulations, as well as the compliance requirements in New Zealand.
Read MoreThe Auckland property market continues to heat up with increased buyer interest recorded in the last month, as prices remain steady. The Reserve bank surprised economists last week, announcing it will leave the Official Cash Rate (OCR) at its current level of 1%.
Read MoreNew data from Core Logic reveal that Auckland residential listings have remained varied across the year, with clear impacts on values, but summer volumes are beginning to tighten things up as auction numbers remain steady – and possibly increasing toward summer.
Read More
