Thursday, November 28th 2024

RBNZ: house prices may rise 7% a year in next two years

The Reserve Bank's forecasts were predicated on an assumption that house prices will rise about 7% in each of the next two calendar years, governor Adrian Orr told journalists after RBNZ cut its official cash rate (OCR) from 4.75% to 4.25%.

SBS FirstHome Combo 4.89
Unity First Home Buyer special 5.49
Heartland Bank - Online 5.49
TSB Special 5.69
Co-operative Bank - First Home Special 5.69
Nelson Building Society 5.75
Unity 5.79
ANZ Special 5.79
ASB Bank 5.79
Westpac Special 5.79
Kiwibank Special 5.79
Heartland Bank - Online 5.39
ASB Bank 5.49
SBS Bank Special 5.49
Westpac Special 5.49
Unity 5.55
BNZ - Std 5.59
Kiwibank Special 5.59
TSB Special 5.59
Co-operative Bank - Owner Occ 5.59
Kainga Ora 5.59
ICBC 5.59
Westpac Special 5.59
ICBC 5.59
BNZ - Classic 5.59
Co-operative Bank - Owner Occ 5.69
TSB Special 5.69
SBS Bank Special 5.69
ASB Bank 5.79
BNZ - Std 5.89
Kiwibank Special 5.89
Kainga Ora 5.89
Westpac 6.19
AIA - Back My Build 4.94
SBS FirstHome Combo 4.94
CFML 321 Loans 5.80
CFML Home Loans 6.25
Co-operative Bank - Owner Occ 6.95
Co-operative Bank - Standard 6.95
Heartland Bank - Online 6.99
Kiwibank Special 7.25
Kiwibank - Offset 7.25
Kiwibank 7.25
ANZ 7.39
Apartment owners thumped by consistently fast rising insurance

Wednesday, November 13th 2024

Apartment owners thumped by consistently fast rising insurance

Treasury’s latest survey on insurance shows apartment and other multi-unit buildings (MUB) owners have borne the brunt of rising premiums.

Competition between investors and first home buyers about to heat up

Monday, November 04th 2024

Competition between investors and first home buyers about to heat up

Existing properties are on the radar of property investors as the pace of decline in property values finds a floor and first home buyer numbers dip.

From hunted to hunters

Tuesday, August 20th 2024

From hunted to hunters

Property investors will be back in the market next year, even as house prices rise by 5-7%, Kiwibank says.

Division over OCR cut and problems with RBNZ

Tuesday, August 13th 2024

Division over OCR cut and problems with RBNZ

The NZ Institute of Economic Research (NZIER) shadow board is split over whether the Reserve Bank should drop the OCR tomorrow.

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[OPINION] Recessionary times

[OPINION] Recessionary times

It is not the best out there for many businesses and property sector people. Sales are down across the board, our clients’ confidence is falling, and there is a lot of uncertainty.

[OPINION] How to make 20% from commercial property

[OPINION] How to make 20% from commercial property

The great thing about commercial property is that there are a lot of ways to actively increase value.

[OPINION] How the next Government can help tenants

[OPINION] How the next Government can help tenants

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.

[OPINION] New Zealand’s broken property market

[OPINION] New Zealand’s broken property market

I have a deep annoyance with broken systems. Especially when, with the right settings, they could be fixed.

[Watch] August property market update

[Watch] August property market update

Get right up to speed with what has been happening in the NZ property market. Corelogic Head of Research, Nick Goodall takes you through the latest trends in this video.

Home loans for humans

Home loans for humans

Watch a new video from Squirrel on its home loan product.