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House price falls predictions drop

ANZ economists have revised down their predictions of house price falls to 18% from 22% previously.

Fri, Apr 28th 2023 12:28PM

Droves of landlords want to raise rents

3 min read

Mental suffering underlined in failed eviction bid

5 min read

How to set rents when inflation is rampant

7 min read

Worst of house price drops could be at an end

The drop in average house values has surpassed the worst point of the Global Financial Crisis.

3 min read

Worst of house price drops could be at an end

Mortgage payments rearranged as living costs spiral

New research from Canstar shows that nearly one in five mortgage holders have negotiated with their bank to find ways to reduce their mortgage payments.

3 min read

Mortgage payments rearranged as living costs spiral

Paying for the economic hangover

ASB is predicting the country’s economy will tip deeper into recession as we pay for the central bank and government punchbowl’s unexpected potency at juicing up the economy.

6 min read

March better but housing still in the doldrums

March was a somewhat perkier month for the housing market, after a particularly weak February.

4 min read

March better but housing still in the doldrums

Building costs growth slows

The worst of the construction materials crisis is over, with the rate of growth in costs to build a residential home at its lowest since late 2020s.

2 min read

FSF looks to grow with new role filled

Katharine McGhie will become the Financial Services Federation’s (FSF) business development manager which is a newly created role.

1 min read

Rent drops bad news for landlords

Rents in some areas across the country appear to be dropping, the latest bond data show.

2 min read

Australian real estate giant hopes to shake up NZ market

Although the New Zealand residential market is facing a raft of challenges, Australian real estate powerhouse Raine & Horne is making its first foray into this country and opening four offices in the North Island by the end of this month.

3 min read

Australian real estate giant hopes to shake up NZ market

House values drop by $250,000 in Wellington and Auckland

Home values have made the biggest first-quarter fall in more than 15 years, the latest QV data show.

5 min read

House values drop by $250,000 in Wellington and Auckland

DTI restrictions to bed in next year

Debt-to-income levels will become reality for mortgage borrowers next March, says Kelvin Davidson, CoreLogic’s chief economist.

3 min read

A $1.5 trillion wall of debt looming for US commercial properties

Bloomberg has calculated a wall of $US1.5 trillion of commercial property debt is due to roll over in the next 20 months, just when banks have lost their appetite for funding such debt.

5 min read

A $1.5 trillion wall of debt looming for US commercial properties

Relying on banks’ calculators not enough for advisers

Many mortgage advisers are relying too heavily on banks’ UMI calculators when submitting mortgage applications.

4 min read

Relying on banks’ calculators not enough for advisers

House price falls in hundreds of thousands

Mortgage rates are at or close to a peak, despite the Reserve Bank lifting the OCR by 0.50% to 5.25% yesterday.

5 min read

House price falls in hundreds of thousands

House sales up slightly but still way off peak

Auckland’s biggest real estate agency sold just 765 houses last month, down by 35% when compared to March last year and 59% compared to the same month in 2021.

2 min read