The areas where prices have jumped by 7.2 per cent Barfoot & Thompson’s new annual rental data shows the areas where rents have risen the fastest – and one part of the city showed a dramatic 7.2 per cent 12-monthly rise. That jump is hugely ahead of the rises of 1 per cent to 4…
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Property Journal
Property Journal
Property Journal
Until March of this year, “New housing construction permits continue to decrease” In the midst of a quiet real estate market, annual new housing construction permits decreased by 7.9% compared to the same period last year until last March. According to data released by the Statistics Bureau on May 4th (Thursday), a total of…
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Mortgage rates have exceeded what many borrowers were stress-tested at Mortgage rates have exceeded the rates many borrowers who bought at the peak of the market were stress-tested at, according to the Reserve Bank (RB). In May’s Financial Stability Report, the RB found households that borrowed during the period of very low interest rates…
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OneRoof House Price Report – May 2023 New Zealand house prices are still well above pre-pandemic levels, even after the sharpest housing market decline since the GFC. The latest figures from the OneRoof-Valocity House Index show the nationwide average property value is, at $958,000, 23.9% ($185,000) higher than it was in March 2020, just…
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