Archives 2024 |
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May 2024As we expected, the Reserve Bank of New Zealand (RBNZ) has decided to keep the official cash rate (OCR) steady at 5.5%. |
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April 2024Since our March Update, we've seen a modest yet notable uptick in New Zealand's average property value... |
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March 2024Although the pace of property value growth in New Zealand was only 0.5% (+$5,000) during the last quarter, data indicates an overall market rebound, shown by property value increases in 60% of the country's suburbs compared to the previous year. |
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February 2024The end of summer has seen an increase in property activity, particularly new listings, which for the first time since Covid gives prospective purchasers a range of options. New listings were up across all regions. |
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January 2024In January, there was a notable uptick in prices across a majority of New Zealand regions, with over half seeing year-on-year average asking price increments. |
