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Ravi Mehta
March 21, 2022

Housing market continues to soften in Auckland

Jen Baird, chief executive of REINZ said “Market sentiment has shifted and with pressure to buy easing, we are seeing less competition, less urgency and fewer..

Ravi Mehta
February 17, 2022

First home buyers caught amongst rising inflation and interest rates

The cost of living has climbed in the past 12 months by 5.2 percent – the biggest 12-month spike since 2008. For anyone trying to buy..

Ravi Mehta
January 20, 2022

Borrowers under pressure by rising housing prices and stricter lending requirements

The national average house climbed in value by 7.8 percent during the last three months to the end of December, up from 6.9 percent in November,..

Ravi Mehta
November 25, 2021

How unsustainable are New Zealand’s property prices?

New Zealand’s average property value surpassed $1 million in September and is currently slightly over $1.05 million. The Real Estate Institute’s house price index surged by..

Ravi Mehta
October 28, 2021

New Zealand property prices continue to rise at a rapid pace, but new monthly numbers suggests the foot is slowly easing off the accelerator

It’s a sellers’ market out there. Kiwis who wait to buy until they have the upper hand may be in for a lengthy wait. According to..

Ravi Mehta
October 14, 2021

Is the property market on standstill over the lockdown?

While the number of new property listings decline, the rate of house prices growth is still on the rise. During September, Auckland’s leading real estate agency,..

Ravi Mehta
June 24, 2021

Auckland housing market had its strongest sales month in five years

The property market has been on the high since the economy continues to recover from the pandemic. A total of 7,550 residential properties were sold in..

Ravi Mehta
June 13, 2021

Housing market activity unmoved from the government restrictions

Since the introduction of interest deductibility restrictions to help sustain the housing market, the industry has continuously been working to determine the impact it has on..

Ravi Mehta
May 12, 2021

First home buyers to get ready as house prices may show significant corrections soon

New Zealand house prices had a rapid surge through the first quarter of 2021. According to the Reserve Bank’s recent Financial Stability Report, “house prices have..