Loosened LVRs push up mortgage lending
Part of the early-stage recovery in the housing market comes from loan-to-value ratio rules being loosened in June.
Part of the early-stage recovery in the housing market comes from loan-to-value ratio rules being loosened in June.
Using Stats NZ’s urban-rural area classification, Infometrics has looked at New Zealand’s larger towns and cities and how they are projected to change.
ANZ reckons house prices will now lift 4% over the second half of this year. This is up 1% from its previous forecast of 3%.
Kiwibank chief economist Jarrod Kerr says interest rate cuts could start as early as May next year.
We hear many ways each political party talks about the housing crisis, and their solutions to fix this. Adding a new tax and tougher RTA rules to rental property providers is obviously not the answer.
As the residential market turns around from a deep downturn, properties for sale are spending less time on the market and prices have increased for the first time in 10 months.
The latest REINZ property market figures shows a convincing turnaround in fortunes.
Part of the early-stage recovery in the housing market comes from loan-to-value ratio rules being loosened in June.
Using Stats NZ’s urban-rural area classification, Infometrics has looked at New Zealand’s larger towns and cities and how they are projected to change.
ANZ reckons house prices will now lift 4% over the second half of this year. This is up 1% from its previous forecast of 3%.
Kiwibank chief economist Jarrod Kerr says interest rate cuts could start as early as May next year.
We hear many ways each political party talks about the housing crisis, and their solutions to fix this. Adding a new tax and tougher RTA rules to rental property providers is obviously not the answer.
As the residential market turns around from a deep downturn, properties for sale are spending less time on the market and prices have increased for the first time in 10 months.
The latest REINZ property market figures shows a convincing turnaround in fortunes.
The residential property market has turned a corner.
I have a deep annoyance with broken systems. Especially when, with the right settings, they could be fixed.
The commercial property sector is deeply concerned about Labour and National policies to remove depreciation for commercial and industrial buildings.
The freedom to sell property to anybody around the world should be guaranteed unless foreign ownership triggers national security concerns, says the New Zealand Initiative in a briefing paper it has prepared to the incoming government after the 14 October election.
In a bold plan, the Dunedin City Council has started early discussions with Treasury about Government help as it investigates a $132 million five-year voluntary property acquisition scheme to adapt to climate change.
More houses were sold by Barfoot & Thompson, Auckland biggest residential agency, last month than in the March last year.
Resimac New Zealand general manager Luke Jackson doesn’t think there will be a big influx of foreign buyers snapping up the country’s higher priced houses if National wins October’s general election.