New Zealand Real Estate Market on the Rise with Increase in First-Home Buyers   New Zealand’s housing market is showing an upward trend, fueled by a surge in first-home buyers. According to the latest Housing Price Index from the Real Estate Institute of New Zealand (QV), the average housing price in September rose by 0.9%…

New Zealand’s New Home Building consents Decline by 17% Through August   New Zealand, October 4 – The issuance of new home building consents in New Zealand recorded a total of 42,110 units through August of the past year, marking a 17% decrease compared to the same period last year. Based on data released on…

CoreLogic finds potential debt-to-income caps may dampen housing market activity   Real estate research firm CoreLogic has released an analysis warning that the current recovery in the housing market could become more challenging with the introduction of Debt-to-Income (DTI) limits. According to CoreLogic’s report last month, it highlighted an increase in the annual growth rate…

Pre-election jitters for the property market?   It has been revealed that home sales volume across New Zealand has reached an all-time low. This phenomenon emerges amidst a vibrant real estate market, with industry experts interpreting it as a pre-election state of stagnation. According to the September New Zealand Real Estate Report by Realestate.co.nz, some…