Will the Reserve Bank of New Zealand resume rate hikes this Wednesday? This week’s key events for property investors
Not long ago, ANZ forecast that the official cash rate (OCR) would rise twice more before the next round of rate cuts began.
Property · Building · Design
Not long ago, ANZ forecast that the official cash rate (OCR) would rise twice more before the next round of rate cuts began.
Reserve Bank of New Zealand Governor Adrian Orr recently spoke at an economic forum hosted by the University of Waikato
More New Zealand borrowers are carrying huge mortgages! Delivering takeaways despite earning NZ$260,000 a year?!
By last Wednesday evening, Fletcher Building's share price had fallen to NZ$3.61, down 20% from a year earlier.
Apart from January 2023, nationwide property sales this January were the lowest since 1983.
Recent reports suggest New Zealand construction companies are being liquidated at twice the rate of other businesses, with some warning that conditions could become even tougher for their survival. But is the market really that bad?
The eagerly awaited annual PlaceMakers Monster Tool Sale kicks off next Friday!
Just as most people thought the Official Cash Rate had peaked, a different view emerged in the market.
93.3% of sellers made a profit when reselling their property!
Westpac has announced cuts of 10 basis points to its special one-, three-, four- and five-year fixed mortgage rates, while its 18-month special rate has been cut by 20 basis points in one move.
In this article, we explain why the OCR matters to all of us.
CoreLogic’s latest House Price Index report shows that the national average house price rose 0.4% over the first month of 2024.