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6 things to consider before buying a new build
Construction

6 things to consider before buying a new build

Investors risk overpaying for a new build if they ignore resale competition, parking needs and whether the development is oversupplied.

By Michael Curreen • 6 min read • Thu, 2nd Nov 2023
Property sales up pre-election
Real estate

Property sales up pre-election

Buyers and sellers are returning to the market as September sales rose 5.1% year-on-year and homes sold in fewer days, REINZ said.

By Michael Curreen • 7 min read • Fri, 13th Oct 2023
Property market showing ‘signs of revitalisation’
Real estate

Property market showing ‘signs of revitalisation’

Home values are edging higher as first-home buyers and tighter supply lift activity in several centres, despite wider uncertainty.

By Michael Curreen • 12 min read • Tue, 10th Oct 2023
What does the future look like for housing in New Zealand?
Housing

What does the future look like for housing in New Zealand?

Higher costs are pushing home ownership further out of reach, as New Zealand buyers favour central, higher-quality housing and amenity.

By Michael Curreen • 10 min read • Tue, 9th May 2023
One in four vendors make a loss on apartments
Real estate

One in four vendors make a loss on apartments

Higher interest rates and softer prices left apartment owners hardest hit, with a quarter of Q4 resales in loss and median losses at a decade high.

By Michael Curreen • 3 min read • Tue, 21st Feb 2023
First home buyers increase market share amid housing downturn
Real estate

First home buyers increase market share amid housing downturn

Higher borrowing costs have not stopped New Zealand first home buyers lifting their share of purchases to 24% as prices ease.

By Staff Writer • 5 min read • Mon, 14th Nov 2022
Well-timed relief for first home buyers
Real estate

Well-timed relief for first home buyers

Tighter lending and higher mortgage costs have pushed first home buyers to a seven-year low, even as government support rules are loosened.

By Michael Curreen • 8 min read • Sun, 22nd May 2022
What have two years of Covid taught us about property?
Real estate

What have two years of Covid taught us about property?

Sharp falls never came, but tighter credit and rising mortgage rates now threaten to turn New Zealand's Covid-era property boom into a buyer's market.

By Michael Curreen • 5 min read • Thu, 24th Mar 2022
Property resale gains high across the board
Real estate

Property resale gains high across the board

Record resale profits are still spreading nationwide, with 99.3% of homes sold in Q4 2021 making a gross gain, CoreLogic says.

By Michael Curreen • 4 min read • Fri, 25th Feb 2022
First-home buyers not put off by rising mortgage rates
Real estate

First-home buyers not put off by rising mortgage rates

Record rents are keeping first-home buyers in the market, with mortgage payments still cheaper than paying to rent for many Kiwis.

By Michael Curreen • 8 min read • Fri, 26th Nov 2021
Vendors continue to achieve record resale results
Real estate

Vendors continue to achieve record resale results

Record-low losses and near-universal gains in New Zealand’s housing market are being driven by tight supply, strong demand and cheap borrowing.

By Michael Curreen • 6 min read • Fri, 19th Nov 2021
Property sellers make an average gain of $347k
Real estate

Property sellers make an average gain of $347k

Nearly all New Zealand homes sold for a profit in the June quarter, as record-low mortgage rates and tight listings drove gains.

By Michael Curreen • 6 min read • Wed, 25th Aug 2021
First home buyers losing hope
Real estate

First home buyers losing hope

Government help may be needed as first-time purchasers’ share of the market falls to its lowest level since 2018, CoreLogic says.

By Michael Curreen • 7 min read • Tue, 18th May 2021
Property market shows signs of slowing
Real estate

Property market shows signs of slowing

Signs of cooling are emerging as quieter open homes and more auctions passing in are expected to slow gains after a red-hot year.

By Michael Curreen • 10 min read • Fri, 7th May 2021
Return of LVRs a cruel blow to first home buyers
Real estate

Return of LVRs a cruel blow to first home buyers

Record-low rates have lifted first home buyers to a 25% market share, but reimposed lending curbs could force many out again.

By Michael Curreen • 3 min read • Mon, 26th Oct 2020
Does Auckland CBD have a future?
Real estate

Does Auckland CBD have a future?

Auckland’s central city is set to benefit from the $5b City Rail Link, with property values, investment and demand for quality offices holding up.

By Michael Curreen • 4 min read • Sun, 11th Oct 2020
Which property types will provide the best yields?
Real estate

Which property types will provide the best yields?

Smaller homes may offer investors better returns as weaker price growth puts rental yield back in focus amid uncertainty, CoreLogic says.

By Michael Curreen • 3 min read • Fri, 19th Jun 2020
$75m available for residential development sector
Real estate

$75m available for residential development sector

Affordable townhouse projects in Auckland will get a lift as the non-bank lender commits GBP £75 million to new residential developments.

By Michael Curreen • 4 min read • Wed, 10th Jun 2020

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