Many Kiwi who had been holding off selling their properties are now putting them up for sale. But with plenty of existing properties entering the market, the outlook has just darkened further for developers of multi-unit complexes.
Why Tony Alexander believes that the 6% annualised pace of house price gains seen in the second half of 2023 may almost double once we get to the second half of this year.
Stories of builder collapses alongside high financing costs have made people step back from signing up for a new property. Presales for developers have shrunk and many projects are now being put on hold.
New builds can be a great option for investors and first home buyers alike - and if you’re considering buying off plan, there are a few things to keep in mind to help you buy well.
When it comes to discussions about housing in New Zealand it is almost heresy to say anything other than that there is a housing shortage, a housing crisis.
One of the strongest expectations most of us have had regarding the impact of fighting Covid-19 from early this year, has been that construction of houses will fall away. This expectation was soundly based but the chances of that are getting slimmer by the day.
As New Zealand’s leading mortgage broker, Squirrel has engineered a new financial product called Squirrel HomeBuild that makes building a new home simpler, and without the traditional hassles associated with building.
For those of you who have read my recent article Top 5 first home buyer tips, you may remember me talking about the opportunities that have presented themselves over the last year or so to potential first home buyers. Where there’s a will there’s a way, as they say, and that certainly seems to be the case with the current New Zealand property market.