Rents continue to rise - make 2020 the year to own!
Renters can expect to see another year of rent increases with Statistics NZ data showing that rental prices were up 3.4% year on year in December.
ASB economist Mark Smith said that reasonable population growth and lack of housing supply was driving rents up. He went on to say that it was expected to continue as the population continued to grow and the house price inflation added pressure to the rental market. "It's tough for renters at the moment".
If you are tired of renting and are wanting to make 2020 the year you purchase a home, then get in touch with us for a FREE Mortgage Conditioning session. We will discuss your goals and assess your current situation, including budgets and debts. We will also go over everything you need to be prepared for applying for a loan such as pre-approvals and debt consolidation. This will make sure you are in the best possible shape when it comes to applying for your loan.
Make 2020 your year! Get in touch and give us call us on 03 441 1307 or contact us here