Current NZ Mortgage Rates
Date Published: 19 December 2024
Click here to find the latest NZ Interest Rates for major banks. Info for current home owners and new buyers.
Auckland Housing Market Faces Slump Amidst Oversupply of Townhouses and Low Buyer Demand
Date Published: 6 June 2024
Key Facts A significant number of new townhouses listed on the market in Auckland are contributing to a slump in sales prices. At its peak, Auckland’s annual home consents reached…
ANZ Economists Warn of Potential Downside Risks to Housing Market Amid High Listings and Changing Policies
Date Published: 4 June 2024
Key Facts The housing market remains frozen with subdued sales and stagnating prices. High property listings as investors struggle with flat to falling prices. Bright-line test changes from 1 July…
Rental Property Investment Challenges Rising for NZ “Mum and Dad” Investors Amid Market Pressure
Date Published: 25 May 2024
Key Facts “Mum and Dad” investors are struggling with rental property ownership as the gap between rent returns and mortgage costs are resulting in weekly top-ups of $350-$450 required to…
NZ Housing Market Favors Buyers as Resale Profits Dip and Interest Rates Fall
Date Published: 20 May 2024
Key Facts The proportion of properties resold for more than their original purchase price has slightly decreased to 92.9% in Q1 of 2024 compared to the previous quarter’s 93.5%. Sellers…
Property Investors Hesitant Despite Lowered Brightline Test; First-home Buyers Take Control Amid Static NZ Property Market
Date Published: 16 May 2024
Key Facts Despite the reintroduction of 80% interest deductibility for landlords and the reduction of the Brightline test, property investors still haven’t returned to the market. QV indicates that the…
Potential Challenges for Property Owners as Government’s Interest Rate Strategy May Prove Difficult to Accept
Date Published: 13 May 2024
Key Facts The government’s signalling to increase interest rates may provide a slowdown to the housing market boom. However, homeowners may find the increased rates difficult to manage, especially those…
When to Get Your Business Accounts Done
Date Published: 8 May 2024
If you happen to be a salary earner, proving your income is relatively easy. As long as your employer issues decent quality payslips, you can provide the 3 most recent slips…
New Zealand Government Announces Rental Rule Changes to Encourage More Landlords Into the Market
Date Published: 17 April 2024
Key Facts New legislation affecting renters and landlords is set to be introduced to Parliament next month, says Housing Minister, Chris Bishop. The legislative changes follow National’s pre-election commitments and…
Slowdown in Major Urban Property Market Growth, Auckland Values Decline: Q1 Report
Date Published: 10 April 2024
Key Facts The average value of New Zealand homes increased by 2.2% to $924,734 over the first quarter of this year. The national average dwelling value is currently 1.9% higher…
“Mild Increase in New Zealand Housing Values in Q1 2024 Amid High Mortgage Rates”
Date Published: 5 April 2024
Key Facts The average value of New Zealand homes was $934,806 in Q1 of 2024, a 1.1% increase from last quarter, and a slight 0.1% increase from Q1 last year.…
March Auction Boom Records High Property Listings but Lower Sales Rates
Date Published: 5 April 2024
Key Facts Auctions of residential properties in the last week of March were high at 527, down from 568 in the previous week. The overall sales rate has seen a…
Residential Auction Activity Rises with a Third of Properties Selling Under the Hammer
Date Published: 26 March 2024
Key Facts Auction activity saw a surge last week after several weeks of decline. Last week, 568 residential properties went to auction, marking the third highest weekly number in over…
Why Leveraged Property Investment Can Mean Higher Returns
Date Published: 26 March 2024
If you’re not in finance, you probably most often hear and see the word “leverage” discussed negatively. News articles about failed investors and companies will no doubt (accurately) list overleverage…
Auctioned Residential Properties Decrease in Number but Sales Rate Remains Unaltered
Date Published: 19 March 2024
Key Facts Residential properties offered at auction have been declining for the second week straight. A total of 489 properties were monitored at auctions in the week of 9-15 March,…
Interest Deductibility Rules Reinstated: Impact and Predictions for NZ Housing Market
Date Published: 13 March 2024
Key Facts The Government is reintroducing the interest deductibility rules that were phased out by the previous Labour government. The interest deductibility rule allows property investors to deduct the interest…
New Zealand Home Values Continue to Rise, but at Slowing Pace, warns CoreLogic
Date Published: 1 March 2024
Key Facts The average value of New Zealand homes increased to $930,495 at the end of February, up from $928,184 in January and $924,489 in December 2023. The rate of…
10% of Auckland Residential Properties Sold at Loss in Q4 2023, with Apartments Hit Hardest
Date Published: 8 February 2024
Key Facts 10% of Auckland residential properties sold in Q4 of 2023 were sold at a loss. The percentage of properties selling at a loss in main centres ranged from…