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  • The Impact of the Foreign Buyer Restrictions 1 year on

    Article By Bruce Patten – Loan Market. The Impact of the Foreign Buyer Restrictions 1 year on It’s been over a year now since the government introduced stringent new restrictions on foreigners’ ability to purchase residential property in New Zealand. There was a heated debate on the likely impact … Read more

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  • REINZ not surprised Reserve Bank kept LVRs on hold

    Article supplied by REINZ, 27th November 2019 Bindi Norwell, Chief Executive of REINZ says “Today’s announcement from the Reserve Bank of New Zealand to keep LVRs at their current level was not surprising. All the data we’ve analysed over the past 12 months has shown that house prices have risen … Read more

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  • October 2019 sales in the Eastern Beaches area

    The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki Heights, Flat Bush, Whitford, Beachlands and Maraetai. The full report is available … Read more

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  • Slight increase in Auckland’s median price

    The Real Estate Institute of NZ (REINZ) released its October monthly report today. Bindi Norwell, CEO of REINZ commented “The Auckland region saw the highest median price in 19 months with an increase of 0.8%, compared to the same time last year, reaching $868,000”. October 2018’s median price was $861,000. … Read more

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  • Deposits, the current landscape

    Along with how much can I borrow the number one question we get asked is how much deposit do I need to get into the home I want? The answer varies for a large number of reasons and with January’s Loan to Value Ratio (LVR) restriction changes and the KiwiBuild … Read more

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  • Real Estate market shows some activity in September

    The Real Estate Institute of NZ (REINZ) released its September monthly property report last Tuesday 15th October. Auckland’s median price increased for the first time in 11 months – up by 3.7% compared to August 2019. However, the increase when compared to September 2018 is only 0.2%, returning to around … Read more

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  • September 2019 sales in the Eastern Beaches area

    The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. The full report is available here. … Read more

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  • Low number of new listings impacts August sales volumes

    The Real Estate Institute of NZ (REINZ) released its August monthly property report last Thursday 12th September. Bindi Norwell, Chief Executive at REINZ said: “Despite a good uplift in sales during July, August saw sales volumes fall by -6.1% from the same time last year – the lowest level of sales … Read more

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  • August 2019 sales in the Eastern Beaches area

    The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. The full report is available here. … Read more

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  • Official Cash Rate cut bombshell reverberates through to rates

    The Reserve Bank shocked lenders and borrowers alike with it’s big August Cash Rate cut sending the market into a spin and lenders scurrying to outdo each other on rates in a mortgage rate battle that could leave buyers with a smile on their face. OCR Shock: the dust is … Read more

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