New property management regulations, in response to industry demands, will impact investors and landlords if passed into legislation. The proposal would establish a licensing regime and standards for professional property managers and licences would have to be renewed annually.
Attitudes to property prices and ownership have driven a wedge through New Zealand society, a new ConsumerLink poll has found. A total of 1,000 New Zealanders took part in the poll, which followed the decision of the Reserve Bank of New Zealand to raise interest rates at a fourth consecutive poli...
Has the property market boom ended? It’s possible with the latest property data showing signs that some of the rocket fuel is out of the market, and concerns about inflation and higher mortgage rates could be having an impact.
Confidence in the future of the property market remains at record levels after two years of world-leading growth in property values, despite a fourth successive mortgage hike. The increase in building activity will boost the supply of homes becoming available and could substantially help first-ti...
If you’re worried about the future of our economy and wondering if this is the right time to buy a property, look no further than the skyline for your answer. Why is this important? Because property is a long-term game, and smart buyers think beyond today’s headlines.
The RBNZ has introduced its fourth consecutive interest rate rise in a dramatic attempt to rein in rapidly rising inflation. The RBNZ said it believed the new cash rate was still sufficiently low to stimulate economic activity while dampening aggressive price-setting and taking some heat from the...
Selling your house has never been more profitable, according to the latest data from CoreLogic.
The first faint signs that the Kiwi property market is cooling have emerged, with good news predicted for property buyers. Read on for a property market update across the country.
Kiwi borrowers who get help from mortgage advisers are better off than those who don't. This is the vital message from new research from Financial Advice New Zealand.
It's been a tough time for first home buyers. The tightening of LVR restrictions, changes to the CCCFA and finally, stock market turbulence: which has seen many KiwiSaver balances nosedive, affecting those planning on using their funds for a house deposit. However, it's not all doom and gloom...
You probably first noticed it at the petrol pump. And now the cost of your weekly shop is skyrocketing. Yes, the cost of living is on the increase. What does inflation mean for mortgages and the property market? Let’s take a look.
First home buyers hoping to use their KiwiSaver for a house deposit will be nervously following the share markets. The ongoing market volatility has seen KiwiSaver balances take a hammering in recent months, causing sleepless nights for many. So, what's behind all the turbulence, and more importa...
The CCCFA (Credit Contracts and Consumer Finance Act) only came into force in December, and the credit crunch is already starting to bite. The good news is that you can take action to improve your prospects even in a tightened lending environment. Here are some tips to give you the best chance of...