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housing crisis

17 Tips For Buying A First Home

Buying a first home (or even your second or third home) can be a big learning curve. Getting finance approved, hiring a lawyer, obtaining and reading building reports, ordering LIM,s and placing an offer are just some of the challenges […]

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Home Prices Jump 3.7%

For those who are considering moving to Australia to live , home prices in Australia’s biggest cities have jumped 3.7% since the start of the year with the proportion of settled auctions on the rise as well. Sydney has led […]

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Central Otago Least Affordable Region

Central Otago Lakes is now less affordable to live in than Auckland according to a report. The report , by Massey University, shows that Central Otago Lakes is 68% less affordable than the rest of New Zealand, while Auckland is […]

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House Price Victory Too Early To Call

Reserve bank deputy governor Grant Spencer says it’s too early to declare victory with the recent slowdown in house prices. He also says the central bank will be monitoring demand pressures from migration and the ability of the construction sector […]

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House Price Growth To Slow Sharply

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 […]

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400 Million Drop Trouble For Housing Market

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 […]

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“Kiwis Locked Out”

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 […]

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Labour urges state of emergency on housing

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 […]

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