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Reserve Bank of New Zealand (RBNZ) Stories - Page 8

Kiwi Stories

Reserve Bank of New Zealand (RBNZ) stories

Property values rising faster than pre-COVID levels
Real estate

Property values rising faster than pre-COVID levels

Nationwide house prices climbed 1.3% in October as low rates and scarce listings kept demand ahead of supply.

By Michael Curreen • 7 min read • Fri, 30th Oct 2020
Return of LVRs a cruel blow to first home buyers
Real estate

Return of LVRs a cruel blow to first home buyers

Record-low rates have lifted first home buyers to a 25% market share, but reimposed lending curbs could force many out again.

By Michael Curreen • 3 min read • Mon, 26th Oct 2020
Property market enters spring on the up
Real estate

Property market enters spring on the up

Nationwide property values rose 0.8% in September as low rates and scarce listings kept demand firm despite the economic downturn.

By Staff Writer • 6 min read • Thu, 1st Oct 2020
Will house prices continue to rise as we enter recession?
Real estate

Will house prices continue to rise as we enter recession?

Record house prices and strong sales are fuelling doubts over Treasury’s forecast of a 5% fall by June next year.

By Michael Curreen • 8 min read • Sun, 20th Sep 2020
Mortgage lending tightens up after peaking in July
Real estate

Mortgage lending tightens up after peaking in July

Tighter lending criteria and renewed virus restrictions are likely to cool mortgage demand after July’s NZD $6.6 billion peak.

By Staff Writer • 3 min read • Thu, 3rd Sep 2020
Spring looking up as lockdown lifts
Real estate

Spring looking up as lockdown lifts

Pent-up demand is expected to lift sales as Aucklanders return to the market after nearly three weeks in lockdown.

By Michael Curreen • 2 min read • Tue, 1st Sep 2020
Property investors unswayed by Covid uncertainty
Real estate

Property investors unswayed by Covid uncertainty

Auckland and Dunedin buyers are skewing towards mortgaged investors, as July's share hit a four-year high despite fresh Covid-19 uncertainty.

By Staff Writer • 3 min read • Sun, 23rd Aug 2020
Should mortgage holidays be extended?
Real estate

Should mortgage holidays be extended?

House prices and sales could weaken in September unless the Government extends mortgage deferrals as the wage subsidy ends and election looms.

By Michael Curreen • 2 min read • Thu, 30th Jul 2020
COVID-19 impact on property market becoming clearer
Real estate

COVID-19 impact on property market becoming clearer

Property values have already slipped nationwide, with tourism-dependent centres like Queenstown hardest hit as the recession starts to bite.

By Michael Curreen • 5 min read • Fri, 10th Jul 2020
Real estate boss disputes claims Auckland has become a buyers’ market
Real estate

Real estate boss disputes claims Auckland has become a buyers’ market

Sales momentum remains firm in Auckland, with first-home buyers and investors still active despite claims the city has tipped into a buyers’ market.

By Michael Curreen • 2 min read • Sun, 5th Jul 2020
‘Mum and Dad’ investors driving prices back up
Real estate

‘Mum and Dad’ investors driving prices back up

Lower deposit rules and weak bank returns are drawing small investors into housing, helping keep prices elevated across New Zealand.

By Michael Curreen • 2 min read • Wed, 24th Jun 2020
$75m available for residential development sector
Real estate

$75m available for residential development sector

Affordable townhouse projects in Auckland will get a lift as the non-bank lender commits GBP £75 million to new residential developments.

By Michael Curreen • 4 min read • Wed, 10th Jun 2020
Winter ripe for first-home buyers
Real estate

Winter ripe for first-home buyers

Lower deposits and record-low borrowing costs are giving first-home buyers their strongest opening in more than a decade this winter.

By Michael Curreen • 2 min read • Mon, 1st Jun 2020
Should the foreign buyer ban be lifted?
Real estate

Should the foreign buyer ban be lifted?

With mortgage rules easing, the Government is being urged to soften New Zealand's foreign buyer ban to help revive property sales and investment.

By Michael Curreen • 4 min read • Wed, 20th May 2020
Which property markets will be hit hardest by COVID-19?
Real estate

Which property markets will be hit hardest by COVID-19?

Queenstown looks most exposed, with tourism reliance and Airbnb saturation making its property market vulnerable to a COVID-19 downturn.

By Michael Curreen • 5 min read • Mon, 11th May 2020
Property market support will anchor full recovery
Real estate

Property market support will anchor full recovery

Easing loan-to-value rules is only part of the fix, with commercial landlords warning wider support is needed to prevent a deeper downturn.

By Michael Curreen • 5 min read • Fri, 1st May 2020
How scrapping LVRs will change the market
Real estate

How scrapping LVRs will change the market

First-home buyers could face lower deposit hurdles as the Reserve Bank weighs scrapping mortgage loan-to-value rules for a year.

By Michael Curreen • 2 min read • Wed, 22nd Apr 2020

Global Stories

Reserve Bank of New Zealand (RBNZ) stories

Merchant choice routing: A process to significant savings for businesses
Marketing Technologies

Merchant choice routing: A process to significant savings for businesses

Australian businesses could slash payment acceptance costs by over 40% using merchant choice routing, a process endorsed by the Reserve Bank of Australia.

By Kees Kwakernaak • 3 min read • Wed, 20th May 2020