An annual salary of 300,000 could still qualify for a 5% deposit: a shortcut for first-home buyers or a high-debt trap?
Could someone earning nearly NZ$300,000 a year still buy their first home with government support and a deposit of just 5%?
Property · Building · Design
Could someone earning nearly NZ$300,000 a year still buy their first home with government support and a deposit of just 5%?
As more properties enter the spring market, do you think sellers will start cutting prices significantly, or keep waiting for the housing market to recover?
Over recent years, as New Zealand house prices fell, economic growth faltered and large numbers of people moved to Australia, Australia’s housing market remained strong, widening the gap between the two countries.
As New Zealand’s housing market enters spring, are homes becoming harder to sell?
The wait is finally over. The Reserve Bank of New Zealand announced today that it would raise the Official Cash Rate by another 25 basis points, from 2.50% to 2.75%. This is its second consecutive monetary policy tightening, following the rate rise in July, and matches earlier forecasts from the five major banks and financial markets.
New Zealand’s interest rate outlook is approaching a pivotal moment.
For migrant families newly arrived in New Zealand, or families with school-age children, school zones are often an unavoidable consideration when choosing a home.
A wait-and-see mood still hangs over New Zealand’s housing market, but investment activity observed by industry professionals suggests some money has stayed in residential property and is looking for a new direction.
A New Zealand construction group that once employed around 250 people and operated across residential, commercial, education, retirement village and infrastructure projects has now left six related companies in liquidation.
On the afternoon of 15 August, the two-day Auckland edition of the 2026 New Zealand International Building Expo & Summit (NZIBES) came to a successful close at Due Drop Events Centre. More than a hundred brands gathered, bringing together builders, developers, designers, suppliers, government agencies and professional service teams to exchange information, share experience and explore opportunities for future collaboration.
Next week, the Reserve Bank of New Zealand will announce its latest Official Cash Rate (OCR) decision. For people applying for a mortgage and preparing to buy their first home, that would ordinarily be unwelcome news.
When New Zealand reopened its residential property market to some overseas high-net-worth individuals, luxury property agents expected a new wave of international buyers.