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Thursday, November 28th 2024
RBNZ: house prices may rise 7% a year in next two years
The Reserve Bank's forecasts were predicated on an assumption that house prices will rise about 7% in each of the next two calendar years, governor Adrian Orr told journalists after RBNZ cut its official cash rate (OCR) from 4.75% to 4.25%.
Wednesday, November 13th 2024
Apartment owners thumped by consistently fast rising insurance
Treasury’s latest survey on insurance shows apartment and other multi-unit buildings (MUB) owners have borne the brunt of rising premiums.
Monday, November 04th 2024
Competition between investors and first home buyers about to heat up
Existing properties are on the radar of property investors as the pace of decline in property values finds a floor and first home buyer numbers dip.
Tuesday, August 20th 2024
From hunted to hunters
Property investors will be back in the market next year, even as house prices rise by 5-7%, Kiwibank says.
