A real estate agency has said the surprise cash rate cut is a positive for many Kiwis, especially first home buyers, as banks pass on the cut, even if only partially.
The real estate market in the regions is only getting stronger, according to the latest data from the Real Estate Institute of New Zealand.
A real estate company’s national manager has said first home buyers will be pushed into one particular type of property purchase this year.
Advisers may be in for a busy summer as rent hikes make a mortgage more appealing.
Auckland saw a drop in the number of sales over October as regions continue to gain momentum, the latest REINZ figures show.
Mortgage advisers can expect more interest from renters seeking an escape from rising rental rates.
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