There is no holding back in the market uplift as data for Jan-Feb 2020 reveal that not only has borrowing increased with First Time Buyers and Investors, but listings and sales activity has also shot through the roof in February.
Read MoreAuckland refuses to slow down the sales climb that started late last year, with new data from the Real Estate Institute of New Zealand showing a decent increase in sales from the previous year.
Read MoreThe number of properties sold in January across New Zealand was up 3.2% on the same time last year (from 4,459 to 4,603) making it the busiest January in 4 years according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand.
Read MoreBy combining gross rental yields with the change in property values over the past year (i.e. capital gains), we can look at total investment returns – and unsurprisingly the recent results are strong.
Read MoreThe Government of New Zealand has recognized that the country is facing a housing crisis, said Leilani Farha, UN Special Rapporteur on the right to housing, at the end of her visit to the country.
Read MoreA new report has shown the number of new houses being built in the city has increased substantially in the past two years and will only continue to grow in the coming years. The Local Auction rooms are heating up as we head to the peak of the summer selling season.
Read More2020 is starting off strong with record sales in Auckland and a slight rise in house prices.
Read MoreAnalysis of all residential real estate sales throughout 2019 has shown that almost every region across New Zealand saw an increase in median sale price, with the exception of Auckland which maintained a median price of $850,000 and West Coast which decreased -1.3% to a median price of $197,500 (from $200,000 in 2018).
Read MoreAccording to the CoreLogic QV January 2020 House Price Index, property values rose by 0.7% over the month, with the annual rate of growth increasing to 4.4%. That’s a further strengthening from the end of December 2019 which saw 4.0% growth over the year.
Read MoreMortgage lending figures from the Reserve Bank reveal 2019 soared to new heights as First time Buyers and Investors return to the market in full force.
Read MoreANZ has raised its House Inflation Prediction from 6% to 8%, matching forecasts from other lenders as confidence in the market returns. The Government furthers its investment in the market by doubling its Housing Agency’s Debt to $7 Billion.
Read MoreNew data in from December shows the market continued its slow recovery that started in spring with a slight rise in house values and four-year record sales for Auckland largest real estate agency.
Read MoreAccording to the latest data released by CoreLogic QV, i.e. December 2019 House Price Index, property values in New Zealand rose by 0.9% over the month, with the annual rate of growth increasing to 4.0%.
Read MoreMedian house prices in Auckland have increased by 2.9% to $885,000 – up from $860,000 at the same time last year – the highest price in 32 months, according to the latest data from the Real Estate Institute of New Zealand (REINZ). “These results are in line with the REINZ House Price Index (HPI) which saw property values in Auckland increase 2.7% annually to a new record high of 2,923,” said REINZ.
Read MoreChristmas has come early for those actively involved in the Auckland Market as data from the Real Estate Institute of New Zealand shows that both house prices and sales volumes were significantly on the rise in November.
Read MoreIt seems Christmas has come early for those looking to buy and sell as buyer confidence has returned to the market at a record high, just as Barfoot and Thomson report higher sales figures for the month of November.
Read MoreYear-after-year, Sudima Hotels, has proven why the Group is “a great example of the meaningful contribution made by Indian investment and the Kiwi-Indian community in New Zealand”, as noted by the New Zealand High Commission in India in a recent tweet.
Read MoreFollowing suit from their Official Cash Rate (OCR) announcement, the Reserve Bank (RBNZ) has announced that the current Loan-to-value (LVR) restrictions will also stay at their current levels. New data from the RBNZ reveals that both First Home Buyers (FHB) and Investors have both increased their overall mortgage lending.
Read MoreA Kiwi-Indian couple, who launched their food-delivery start-up Give Me Bread in Christchurch in 2017, have ventured into a New Zealand first.
Read MoreKush Bhargava, a naturopath by profession, who comes from Madhya Pradesh in India, has been leading the green homes revolution in New Zealand since 2010, when he established his company, the Wellington-based Eco Green Homes.
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