Covid -19 Level 4 Alert affects Real Estate

Level 4 Lockdowns have essentially limited real estate activities to the remote transaction stage for existing interest in properties that has carried forwards from prior to the lockdown. In other words, only buyers who saw properties prior to the lockdown have been making offers, via scanning and email, to then be transferred to vendors electronically. …

Separations Could be Piling More Pressure on Housing Stock than Immigration

Separations could be piling more pressure on housing stock than immigration. Teachers will tell you who they have more of in their classrooms – the victims of broken homes or immigrants.¬†With more than one house a day being built in Hobsonville Point these days, and the trend mirrored across Auckland since the Unitary Plan came …

Interest Rates Unlikely to Head South Unless Virus Hits

Interest rates unlikely to head South unless virus hits The Govt Reserve Bank issuing a cheerier tune than most forecasters in terms of impacts on the world economy of the latest corona virus. Staying at 1%, the current cash rate is are affording some of the lowest interest rates right now New Zealand property buyers …