Restrained Summer Selling

Restrained Summer Selling

A windy cool summer this year has been the backdrop to the summer selling season in the Auckland property market. Overall the market has been very restrained with auction success rates in Auckland dropping below 50% in late December 2015. Slowly seller expectations...
Steeper lending charges on the way?

Steeper lending charges on the way?

The NZ Reserve bank is contemplating targeting landlords of investment properties in an effort to cool the NZ housing market. The bank is taking particular aim at the most risky borrowing, solely reliant on rental income for a landlord to repay loans. Reserve Bank...
Steeper lending charges on the way?

Home ownership dream fading

In New Zealand national house prices have jumped by $30,000 in the last year. A new Auckland Council report maps the rise in Auckland house prices over the last 15 years and relative deterioration in affordability for first-home buyers. To read the full story by Lane...