With summer fast approaching and the real estate market heating up, Diana Clement has some great ideas on how sellers can smarten up their home’s street appeal.
Business and personal finance reporter Diana Clement was stung by insurance company Youi when the firm took more than $500 from her account after she asked for an insurance quote.
This week I chat with journalist Diana Clement about the revolutionary of tiny homes.
New Zealand homeowners are too laid back when it comes to written contracts for building work and assume being licensed means builders have a higher standard of training, skills and …
While there has been talk of congestion charging for Auckland’s motorists, it seems the idea will not see the light of day for a 10 years, having been put on …
There’s a chill in the air The housing market is expected to cool in the coming months, according to CoreLogic’s Jonno Ingerson — but the chill won’t last. He predicts …
A former member of the Reserve Bank’s Monetary Policy Committee is questioning wide-spread expectations that interest rates will remain low.
The mortgage world is in topsy-turvy territory. It used to be that fixed rate deals cost more than the floating rate (borrowers would pay more for the certainty of knowing …
A third of Aucklanders have considered leaving the city to live elsewhere, according to a survey carried out for The Spinoff and Jennings Murphy by SSI.
As the Reserve Bank races to the bottom by cutting the official cash rate – now at 2 per cent and likely to drop to 1.5 per cent by the year end – I am starting to wonder if this is the best course of action for the country and society.
There were no surprises when Graeme Wheeler, Governor of the Reserve Bank, cut the official cash rate to 2 per cent — yet another historic low for New Zealand.
Prime Minister John Key regularly says that throwing money at problems is not the solution.
Yet at least one of his ministers appears to think differently. Nick Smith who has yet to answer my email seeking assurances to the quality of steel being used in residential properties, has been flashing the cash big time by upping the ante on the HomeStart scheme.
Despite the Government’s “comprehensive plan” to address the housing crisis, economists at the ANZ say there is still a whole host of problems across the housing market. These include the usual suspects of…
Shocking news from the CEO of New Zealand’s ANZ bank David Hisco where he essentially warns of the New Zealand housing bubble bursting.
When I got home the other night I found a note from a real estate agent saying she had buyers for properties in my street.
As any Auckland house-hunter can testify, there are slim pickings at the moment — it’s something I mentioned a few months back when the trend started to emerge. But the shortage of houses for sale has become a lot worse, leaving wannabe buyers starved of choice and at least some real estate agents scratching around for something to sell.
The Property Council has welcomed Labour’s plan to build 100,000 affordable houses over 10 years and sees it as a game-changer in alleviating the housing affordability crisis.
Under the opposition party’s plan, half the homes will be built in Auckland and
For a man who routinely says that throwing money at problems is not the answer, Prime Minister John Key’s $1 billion offer to help solve the country’s housing crisis is a huge U-turn.
Statistics from the Reserve Bank show more people are opting for an interest-only loan when buying a home.
In January, 30 per cent of loans to owner-occupiers were interest-only, but by May it had drifted up to 33 per cent.
An interest-only loan will typically have lower repayments than a principal and interest loan — because repayments only cover the interest. The downside is that payments do not reduce the amount borrowed by a single cent.
When police were alerted to half a tonne of methamphetamine on a beach last week it highlighted the problem New Zealand has with illegal drugs such as P.
It seems the drug is so widespread that anyone seriously contemplating buying a home needs to have it tested for P contamination — even if the property looks pristine.
Westpac led the charge last week by refusing to recognize the overseas income of foreign wanting a home loan.
Is the booming Auckland housing market about to run out of puff? It seems unlikely, but looking at figures released by Barfoot & Thompson one has to wonder.
The Reserve Bank may have been underestimating the number of people moving to New Zealand, and therefore not correctly formulating the effect they are having on housing.
The first hint of a shortage of housing stock in Auckland goes back about five years, when building firms began saying there was a lack of skilled workers in the …
The New Zealand housing market dipped in April with the national median price declining by 1 per cent compared to the month before. New figures released by the Real Estate …
Barfoot and Thompson sold fewer properties in April than at any other time in the past 4 years. The agency sold 944 properties in April, down almost 30 percent on …
BNZ economist Tony Alexander says a mixture of higher property prices, firm economic growth, and lower interest rates could see the tide turn on rising home prices. “There is an …
The Auckland property market is out of control once again. Not only are first-time home buyers forced to look outside the city, but investors are too. According to Quotable Value, …
The University of Auckland is selling its Tamaki Campus to property investment company Tamaki Village.
There’s already chatter the 11.9ha plot in Glen Innes could be used for hundreds of much-needed homes close to public transport and rail links.
Strong construction activity continues to boost the regional economic outlook especially in Auckland and Canterbury, say economists at Westpac. They report that building consent data for February, released on 30 March, confirms that Auckland is cranking up production of housing, currently up 23 per cent year-on-year.
BNZ chief economist Tony Alexander says Auckland’s housing shortage is getting worse. Last week he wrote that Auckland’s population grew near 3 per cent last year compared with 1.4 per …