The major banks are revealing little on whether they intend to match the market’s lowest rate in 50 years, announced by HSBC on Wednesday.
“When the number of buyers exceed the number of sellers, prices will continue to rise. It’s that simple,” says real estate group CEO.
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A non-major bank has announced it will be lowering fixed rates on its two and three year home loans.
New Zealand’s central bank said it may need to cut interest rates further as falling oil prices and a weaker global growth outlook prolong a period of low inflation.
Economists have made their predictions about the Reserve Bank's upcoming announcement on the official cash rate review tomorrow.
A new report from Colliers International says the popular South Island town has some strong trends in the medium term but warns of affordability issues
The national median house price has hit a new high along with four regions, the latest REINZ data reveals
The Ministry of Business Innovation and Employment’s new housing affordability measure is under fire from Labour which says the index is flawed