Search Results for: nz
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INDUSTRY NEWS
Clearance rate tops 80 per cent at Ray White Surfers Paradise auction bonanza
There were huge numbers of buyers on the Gold Coast this past weekend for Ray White’s annual The Event auction day, highlighting just how much demand there is for Queensland property.
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INDUSTRY NEWS
ANZ predicts next New Zealand interest rate move will be a cut
New Zealand interest rates will likely remain on hold until February 2025 at which time they will likely drop, according to a new forecast from ANZ New Zealand.
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INDUSTRY NEWS
First-home buyers dominate the NZ market
The number of New Zealand property sales in September were 8 per cent higher than a year ago, with first-home buyers dominating the market.
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Elite Agent
Kelvin Davidson: How a National victory could reshape NZ property landscape
Many existing and would-be property investors will be keeping a close watch on the polls and whether or not National can form or lead the next government after the October 14 election. If National is successful, we now know it would mean a reinstatement of mortgage interest deductibility for all properties, a Brightline Test back at two years (rather than…
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INDUSTRY NEWS
NZ property prices inching closer to a “floor”
The “floor” in New Zealand property is getting close, with values falling just 0.2 per cent last month according to CoreLogic NZ.
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INDUSTRY NEWS
When will movers return to the NZ market?
Owner-occupiers in New Zealand have been quiet over the past 12 months, with weak sentiment and higher interest rates holding movers back from relocating.
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INDUSTRY NEWS
NZ sales activity jumps and prices should follow
There are signs of life in the New Zealand property market, with new data showing that sales volumes are on the rise, which will begin to put upward pressure on prices.
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INDUSTRY NEWS
NZ home sales record first annual increase in two years
After being battered by one of the sharpest tightening cycles in the world, there are signs that the New Zealand market might be starting to turn the corner.
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INDUSTRY NEWS
A silver lining in NZ’s soft property market: values rise in 128 suburbs
Soft property market conditions continue across New Zealand, but there is some positive price news, with more than 120 suburbs increasing in value in the past three months.
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NEWS
Little town, big sensation: Victoria’s most affordable property sparks a frenzy
A derelict property in a tiny Victorian town has created a frenzy.
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INDUSTRY NEWS
What you need to know about NZ’s debt-to-income ratios
During a recent presentation to a group of property investors, the topic of interest that sparked the most discussion and surprise was the looming imposition of restrictions on debt-to-income (DTI) ratios.
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INDUSTRY NEWS
ANZ: Interest rates won’t rise again until August
One of Australia’s biggest banks has listed August as the next month when interest rates will rise, forecasting a 25 basis point hike.
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INDUSTRY NEWS
Inspect Real Estate joins forces with Reapit ANZ
Reapit ANZ, backed by US private equity firm Accel-KKR, has added local real estate software company InspectRealEstate to its portfolio.
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INDUSTRY NEWS
ANZ buys stake in Catalano’s View Media Group
ANZ has spent about $50 million to acquire a stake in View Media Group, majority owner of listings portal realestateview.com.au, in a move intended to see the major bank grow its mortgage book.
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INDUSTRY NEWS
NZ records 10th month of property value declines
Property values across New Zealand fell 0.3 per cent over January, continuing a downward trend that's lasted 10 months.
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INDUSTRY NEWS
Hope for NZ home buyers as housing affordability reaches a “turning point”
Housing affordability across New Zealand has reached a “turning point” as falling house prices and growing wages start to benefit buyers.
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INDUSTRY NEWS
Should NZ first-home buyers purchase now or wait?
There might be merit in first home buyers waiting a little longer before trying to get into the New Zealand property market, according to a leading expert.
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INDUSTRY NEWS
ANZ cuts new customer variable rates by up to 0.50 per cent
Despite the Reserve Bank of Australia hiking the official cash rate and fixed rate loans rising, ANZ has come out and cut new customer variable rates by up to 0.50 per cent.
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NEWS
ANZ says cash rate will hit 3 per cent this year
One of Australia’s biggest banks has dramatically revised its interest rate forecast, predicting the Reserve Bank of Australia will lift the cash rate above 3 per cent this year.
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INDUSTRY NEWS
ANZ tips next rate rise to be 50 basis points
One of Australia’s biggest banks has tipped another 50 basis point cash rate rise in August as the Reserve Bank of Australia moves swiftly to put a lid on rising inflation.
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INDUSTRY NEWS
NAB, CBA and ANZ all lift variable home loan and savings rates
The NAB, CBA and ANZ have all passed on the full interest rate hike to variable rate mortgage customers following the Reserve Bank of Australia lifting the cash rate 50 basis points last week.
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INDUSTRY NEWS
ANZ and Westpac lift fixed rates again
ANZ and Westpac have again hiked the interest rate on their fixed rate loan products.
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Celebrity Homes
Aussie supermodel Kristy Hinze Clark sells Florida home for $251 million
Australian supermodel Kristy Hinze Clark and her husband, Netscape founder Jim Clark have sold their Folirda home for a record-setting $251 million.
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INDUSTRY NEWS
ANZ revises cash rate prediction on back of strong wages
The ANZ bank has tipped the Reserve Bank of Australia (RBA) will lift the cash rate by 40 basis points at tomorrow’s board meeting on the back of broadening inflation pressures.
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INDUSTRY NEWS
NZ shows the first sign of a slowdown as profitable resales fall
The number of properties across New Zealand resold at a profit has fallen slightly in the first quarter of 2022, according to CoreLogic.
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INDUSTRY NEWS
NZ property market prices softened in April
The New Zealand property market has recorded a modest fall in April, the first decline since the initial COVID-enforced lockdown in August 2020.
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NEWS
ANZ tips cash rate to rise 10-fold this year
One of Australia’s big four banks has tipped the cash rate will increase four times before the end of the year.
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INDUSTRY NEWS
NZ first home buyers struggling to get a mortgage
First home buyers in New Zealand are struggling to get a mortgage with tighter lending requirements and rising interest rates squeezing borrowers, according to a leading expert.
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NEWS
Record profits for NZ homeowners
Price growth in New Zealand might be slowing, but homeowners still have plenty to be happy about with the booming housing market leading to 99.3 per cent of properties being resold at a profit
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INDUSTRY NEWS
NZ property prices to grow by less than 5 per cent
New Zealand property price growth is likely to dip below five per cent this year as rising interest rates start to bite according to an industry expert.
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FRANCHISE NEWS
Brisbane inner-city agent Jonzun Lee launches his own business
Jonzun Lee, a stalwart of the Brisbane real estate industry has just launched a new business and brand with his wife Maria after two decades in the industry.
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FEATURE INTERVIEWS
Henzells Agency: shaping a community
It was 1935 when Roy Henzell Snr rolled into the relative backwater of Caloundra seeking business opportunity.
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INDUSTRY NEWS
ANZ scraps its most popular home loan
ANZ will scrap its most popular Breakfree package in a move that will impact 350,000 existing customers.
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INDUSTRY NEWS
ANZ increases fixed rate home loans up to 0.4 per cent
ANZ has joined it’s big four counterparts in raising fixed rates this year, announcing a hike of up to 0.4 per cent for owner-occupiers and investors.
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NEWS
An unremarkable end to a remarkable property year in NZ
A remarkable year for New Zealand’s residential property market came to an unremarkable end, according to property intelligence firm QV.
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