Latest Property Headlines

The Reserve Bank will release its Financial Stability Report tomorrow which should signal the Reserve Bank’s intentions for the LVR restrictions it put in place in 2013 to try to ease the Auckland property market. Finance Minister Grant Robertson said there had been some softening in the property market but there were still underlying issues […]

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The latest market update from CoreLogic suggests that New Zealand is starting to get a good feel for the likely changes to the property market, after the announcement of a new government. CoreLogic head of research Nick Goodall said the government has been clever in using the Overseas Investment Act to restrict foreign citizens from buying […]

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The Reserve Bank’s dropping fairly firm hints that it might be about to start removing the restrictions on high loan to value lending (LVRs), with a decision possibly set to be announced late this month. The LVR restrictions, one of the RBNZ’s ‘macro-prudential’ tools, fall under the gamut of the bank’s financial stability role. The […]

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There is strong demand from both buyers and sellers of New Zealand property with a “surge” in the number of listed properties. The latest Trade Me Property Index shows that the national average asking price was $623,700 in October, an increase of 2.7% This follows five months of little movement and low stock, said head […]

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