Mortgages
Buyers sitting on the sidelines in best time to buy in a decade
Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.
More...Differing views on 50-year mortgage
US president Donald Trump recently raised the idea of 50 year mortgages; but New Zealand advisers say such long loans won’t take off in New Zealand.
More...Houses selling at a loss hit a 12 year high
About one in five Auckland residential properties (19.3%) sold for less than their original purchase price in the third quarter, up from up from 15.9% in the second quarter.
More...OCR Preview: How far is far enough for the RBNZ?
Economists expect the OCR to drop another 0.25% to 2.25% next week, with a 50/50 chance of another cut in February.
More...Market recovery signals consistent with interest rate falls
The early stages of a property recovery could have appeared in the past two months, Kelvin Davidson, Cotality chief property economist says.
More...Another swipe at property investors
Labour’s capital gains tax of 28% on residential and commercial property won’t deter investors who invest for cashflow, Nick Gentle, iFind Property founder and buyer’s agent says.
More...Capital gains tax almost irrelevant – English
Former Finance Minster Bill English says the days of guaranteed capital gains in the housing market are over,
More...Spending confidence low and likely to fall further
More than 40% of households who took part in the latest Westpac McDermott Miller Consumer Confidence say their financial position has deteriorated over the past year.
More...Four decades of 6-7% yearly house price growth ending
New Zealander’s reliance on property capital gains in the mid-single digits is at an end.
More...Division over OCR cut and problems with RBNZ
The NZ Institute of Economic Research (NZIER) shadow board is split over whether the Reserve Bank should drop the OCR tomorrow.
More...The RBNZ pivot is here
As most of the country’s economic indicators fall, the BNZ and Kiwibank are calling for an immediate OCR cut.
More...Massive liberalisation of planning rules to end housing woes
Housing minister Chris Bishop has revealed plans to “flood the market” with enough land to end the country’s housing crisis.
More...Good and bad news for home owners from RBNZ
The Reserve Bank's latest monetary policy statement had good news and bad news for residential property owners.
More...BREAKING: OCR 5.50% - Monetary Policy remains restrictive
The Monetary Policy Committee today agreed to hold the Official Cash Rate (OCR) at 5.50%.
More...DTIs will have no significant impact on house prices immediately
The Reserve Bank doesn't expect its proposed DTI restrictions to have a significant impact on house prices in the short-term.
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