Get started on your mortgage
Buying your first home, investing in property or just keen to review your mortgage?
Fill out our online application
Find out which Squirrel loan is right for you
Get a Squirrel Loan
Housing Market
Latest
The housing market has been strengthening since May
Nationwide average house sale prices rose by 2% in August. This followed a 2.4% rise in July, 1% gain in June, 0.8% rise in May and just a 0.5% rise in April.
How the latest lockdown is expected to impact our housing market
Now that we are experiencing lockdown again, can we expect the same things to happen in the residential real estate market and economy as last time? No. There are some key differences between this situation and that of March 2020.
House price forecast for 2022
We're starting to see commentators and even the Reserve Bank talk about falling house prices towards the end of next year. We shouldn't be surprised that none of these predictions are from real estate companies who bring the figurative cocaine to the house party. Here's my perspective on house prices from the frontline.
Delay in monetary policy tightening may boost housing
I recently wrote about the end-game being underway for the three decade period of high average house price rises. I still remain of that view, but for now the market retains considerable strength.
The development opportunity in terraced housing
The changing nature of the housing market has seen a rapid increase in the amount of terraced housing under development. Even experienced developers like terraced housing.
5% deposit mortgage product changes lives of scores of first home buyers
Launchpad, our unique home loan for first home buyers has already helped scores of people onto the property ladder just three months after it was launched and we expect it to help tons more.
Multiple factors contributing to a slower housing market
There are a growing number of factors in play which suggest that while demand for housing will remain firm, we've entered the end game for the period of strong house price rises well exceeding the rate of growth in household incomes.
Higher interest rates will slow but not crush NZ economic growth
Two week’s ago expectations for interest rate changes in New Zealand took a leap up in response to the June quarter inflation number coming in 0.5% higher than anticipated. This is a very rare event and the signal it has sent is that the pace of growth in our economy is too strong for the Reserve Bank to be confident of containing inflation below 3%.
Mortgage rates on the rise
The world has been printing money for several years, in anticipation of inflation and interest rates eventually rising. Neither of those happened. But the short-term has changed.
How to save the most money when selling a property
When selling a house one thing for sure is that every seller has one thing in common. They want to get the best price for their property. But what many sellers don’t realise is that it isn’t just the sale price that affects the profit you make on a property.
No large wave of investors selling
Almost three and a half months have now passed since the March 23 announcement of some radical changes in tax rules for investors in residential property. The expectation has been that investors will sell up in disgust, but there's no statistical evidence of a flood of properties hitting the market.
Property Investors are still hanging in there
I continue to hear stories about investors selling off their properties in disgust at the government’s proposed tax changes. But are investors about to bail out of the market?
