Bank LVR limits on hold
Banks have not relaxed loan-to-value ratio limits for investors, despite the Reserve Bank's move to scrap LVR rules.
Weak sales, resilient prices
Auckland’s housing market saw another slump in sales volumes in May but prices are holding steady, according to the city’s largest real estate agency.
Market teeters on cliff edge - QV
Signs of fragility might be present in the post-lockdown market yet value growth and demand are currently still going strong.
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$POA/Auction
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Compliance statement deadline extended
There’s some relief for struggling landlords with the announcement today that the Healthy Homes...
Consents fall could have been worse
New dwellings consents dropped in April. That didn’t surprise anyone but economists were surprised...
No post-Covid-19 dent in asking prices
Covid-19 has not diminished the price expectations of property sellers with new data revealing that...
Major industrial development powers on
It’s full steam ahead for the Stevenson Group’s $800 million, 361-hectare industrial and...
Ask an expert
Low-value asset depreciation
“The low-value asset threshold for depreciation has recently been increased to $5,000, (https://www.ird.govt.nz/covid-19/tax-relief/depreciation), which allows us to immediately write off any single asset (except land or building) with a value of less than $5,000. It will only apply to assets acquired up to 16 March 2021....”
Our expert Matthew Gilligan responds »
Tenants' right to quiet enjoyment
“My husband and I recently signed a joint agreement with the landlord (also acting as agent), this agreement lines out the locations that are used by the landlord (a hut in the garden).
The landlord mis-sold us the arrangement by saying he stays on occasion to work on the property. Minimal work has been achieved and he...”
Our expert Jennifer Sykes responds »
Invest or reduce loan?
“I own a home worth $875,000 in today’s market and I have a mortgage of $540,000. I also have savings around $150,000. I was looking at the option of investing in a property at around $700,000. By borrowing on my equity and using my savings I should be able to get 30-40% deposit for investing. I am self-employed, so...”
Our expert Kris Pedersen responds »
Data Section
See also: Residental Dwelling Sales statistics »