What should you do as a homeowner if your property has been on the market for a long time without selling?
Properties spending a long time on the market are not uncommon, whether it is the busy selling season or a quieter period.
Property · Building · Design
Properties spending a long time on the market are not uncommon, whether it is the busy selling season or a quieter period.
Many immigrants to New Zealand consider moving to neighbouring Australia after gaining citizenship, as wages there seem higher and house prices cheaper than in New Zealand.
For young people, buying a home of their own single-handedly in New Zealand now seems an impossible task.
This year, many New Zealand mortgage holders will face the immense pressure of their fixed mortgage rates jumping from 2%–4% to 6%–8%.
Last week, the Reserve Bank of New Zealand (RBNZ) officially announced that it would slightly ease loan-to-value ratio (LVR) rules from 1 June.
CoreLogic’s latest data for April shows New Zealand’s average house value has fallen another 0.6% to NZ$928,656, still around NZ$200,000 above its pre-pandemic level in March 2020
As apartment developments surge across Auckland, the market faces new challenges and opportunities. All parties need to monitor market changes closely as the property market continues to evolve.
In recent weeks, many banks have moved to lower longer-term lending rates. ANZ has just announced cuts to its two-year and three-year home loan rates.
Economists and market commentators say there are so many uncertainties around when the market will bottom out and recover that even the best forecasters struggle to predict it
The Reserve Bank of New Zealand announced this Wednesday that it is considering changes to the current loan-to-value ratio rules for owner-occupiers
When buying a home in New Zealand, your eye is always drawn first to the exterior cladding: is it brick or timber?
As mortgage rates fell to record lows between 2020 and 2021, thousands of home buyers entered the property market