Greg Ninness is the Property Editor of interest.co.nz. He has worked as a business journalist since 1990 and covered the commercial and residential property markets since 2005.
Home Loan Affordability Reports show a rise in prices and interest rates at the end of last year made it harder for first home buyers to get their own home
Home Loan Affordability Reports show a rise in prices and interest rates at the end of last year made it harder for first home buyers to get their own home
The country's largest real estate agency had a quieter December, with sales down 5.4% and the average selling price down 2.1% compared to December 2017
The country's largest real estate agency had a quieter December, with sales down 5.4% and the average selling price down 2.1% compared to December 2017
First home buyers being squeezed between rising lower quartile housing prices & higher mortgage interest rates, putting a dampener on their home ownership hopes
First home buyers being squeezed between rising lower quartile housing prices & higher mortgage interest rates, putting a dampener on their home ownership hopes
Although buyers are being cautious, auction numbers and sales rates are steady and most of those that sell are fetching more than their rating valuations
Although buyers are being cautious, auction numbers and sales rates are steady and most of those that sell are fetching more than their rating valuations