For now, competition from the minnows is keeping rates lower, but for how long?
Auckland sales volumes are down 30% year-on-year and Barfoot & Thompson is saying that house prices have fallen back to the same level as a year ago.
Even at the best of times, selling a property brings a lot of uncertainty – so what’s it like out there now that the market is a little cooler and what can you do to make for an easier ride?
Right now, being a bank customer without using an advisor must be a nightmare.
January housing statistics were bleak, and Barfoot & Thompson’s results from February are not much better.
The reality is that the industry is looking to mortgage margins to restore profitability from a tough 2016.
On a recent trip to London, I took some time to look at property and speak with locals to get a feel for similarities between there and Auckland, and given that, where I believe the market will go and what I would do as an investor in NZ.
I am always frustrated by our media and how they report house prices. Tabloid rubbish bouncing from headline to headline with no substance.
Waiting for inflation is feeling increasingly like the quest for the Holy Grail, or as I approach 45 ‘waiting for god’. Oh, so old!
Brexit. Trump. John Key resigning. The last few months have included some interesting surprises to put it lightly. What do these things mean for our economy?
There has been talk this week about debt-to-income ratios due to the Reserve Bank asking the Government to consider it as part of its macro-prudential toolkit.