Real Estate

Just over half the mortgages approved to first home buyers in June were low equity loans

Just over half the mortgages approved to first home buyers in June were low equity loans

Auction room temperatures drop as the number of properties on offer sinks to a three year low

Auction room temperatures drop as the number of properties on offer sinks to a three year low

BNZ chief economist expects floating mortgage rates to hit 7% next year, house prices to remain flat this year, maybe rise 3% next year

BNZ chief economist expects floating mortgage rates to hit 7% next year, house prices to remain flat this year, maybe rise 3% next year

Winter weather and school holidays see auction activity remain at its annual low point

Winter weather and school holidays see auction activity remain at its annual low point

House prices down, sales numbers down as housing market contracts in June - REINZ

House prices down, sales numbers down as housing market contracts in June - REINZ

Average NZ dwelling value down 0.4% in June quarter, now down almost 15% from 2022 peak - QV House Price Index

Average NZ dwelling value down 0.4% in June quarter, now down almost 15% from 2022 peak - QV House Price Index

Residential auction activity at its second lowest point this year with just 263 properties on offer and 90 selling under the hammer

Residential auction activity at its second lowest point this year with just 263 properties on offer and 90 selling under the hammer

Barfoot & Thompson had strongest June sales since 2021 but the median selling price fell $40,000 from May

Barfoot & Thompson had strongest June sales since 2021 but the median selling price fell $40,000 from May

Housing market still in buyers' favour, little chance of runaway prices anytime soon, Cotality says

Housing market still in buyers' favour, little chance of runaway prices anytime soon, Cotality says

Average asking prices on Realestate.co.nz down almost $60,000 since February while stock for sale hits a 12-year high

Average asking prices on Realestate.co.nz down almost $60,000 since February while stock for sale hits a 12-year high

Just over a third of the properties offered at the latest auctions sold under the hammer

Just over a third of the properties offered at the latest auctions sold under the hammer

The number of properties being offered at auction is dropping as fast as the outside temperature on a cold winter's night

The number of properties being offered at auction is dropping as fast as the outside temperature on a cold winter's night

Department of Internal Affairs issues public AML warnings to six law firms, a real estate agency, a non-bank non-deposit-taking lender, an accounting service provider and a payment provider over failing to complete required independent audits

Department of Internal Affairs issues public AML warnings to six law firms, a real estate agency, a non-bank non-deposit-taking lender, an accounting service provider and a payment provider over failing to complete required independent audits

Less than 300 properties offered at the latest auctions around the country for the second week in a row but the sales rate edged up to just over a third

Less than 300 properties offered at the latest auctions around the country for the second week in a row but the sales rate edged up to just over a third

Prospective tenants have plenty of properties to choose from with vacant rental stock remaining elevated

Prospective tenants have plenty of properties to choose from with vacant rental stock remaining elevated