“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.
The number of people expecting price gains in the property market has fallen further, according to the latest ASB housing confidence survey.
The major bank has received the award for the third year running
The largest home loan lender has reduced two of its 'special' fixed interest rates
AIA Group and Zurich Insurance have lobbed bids to buy Sovereign and CommInsure