The New Zealand housing market is in for a ” pronounced and overdue slowdown”, with national house price inflation forecast to fall to around 5% a year , says Fitch one of the world’s top three credit rating agencies. “Affordability […]
Shares of Zillow dropped more than 7% to $3.00 recently , erasing roughly $400 million from it’s market cap , after the online real estate listing company forecast a larger than expected loss for the rest of the year. Although […]
Issues arose last week alleging Bunnings Hardware Chain misled customers with it’s ‘lowest price guarantee’. The accusation of misleading prices of it’s goods as the lowest in the market place was in fact not true. Bunnings price guarantee states it’s […]
We hear about New Zealand’s housing crisis almost daily in the news these days and it appears it is not getting better. New Zealand’s home ownership rates at its lowest in 66 years after the housing crisis that is gripping […]
In a recent survey Auckland ranked 4th least affordable out of 92 major cities around the world. Only Hong Kong , Sydney and Vancouver are more unaffordable according to the survey. Auckland,s median house prices soared to $830800,00 or 10 […]
With all the news recently of how house prices in Auckland are increasing this latest article seems to show a different trend. The number of houses sold in Auckland fell 24% and median sale price slipped 1.2% to $840,000.00 in […]
With prices for housing increasing at a alarming rate nationwide Labour has urged the government to address the emergency of housing for the homeless people of New Zealand. Many first home buyers can simply not afford the increases in house […]
With the way things are in the current housing market Affordable Housing still remains a priority for our future generations . The cost of building and tradesman is very unlikely to go down as demand out ways supply at present […]