Tag: country_nz

8 things you should never do on granite benchtops

Granite benchtops are a popular choice for kitchens, prized for their strength, durability, and diverse range of colours and styles. It’s easy to assume this robust material is indestructible, but without proper care, granite can be scratched, stained, and even ruined.  Here are six common mistakes you can make with a granite benchtop. Any of…
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Rate cuts spark up NZ market – and there’s more to come

Property values are starting their return to normal growth patterns, according to data released by the Real Estate Institute of New Zealand (REINZ). Average prices rose 1.5% over the three months to the end of October. This is a welcome turnaround after seeing drops of -0.6% and -0.3% in the previous two quarters to July…
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Is the property market finally making a comeback?

Optimism for a big rebound in New Zealand property prices have increased with a third successive cut in interest rates. Our Official Cash Rate (OCR) has dropped a further 0.5% to 4.25% – the third successive reduction by the Reserve Bank of New Zealand. While it’s too soon to see evidence of the latest cut,…
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Five buying tips to beat inevitable market rebound

With the latest 0.5% cut in interest rates, New Zealand buyers must start to think strategically about the best time to jump into the market.  Now the Reserve Bank of New Zealand has trimmed rate by a full 1% in the last few months, you have precious few moments to consider your strategy before prices…
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Why smart upgraders will make their move now

Premium brands always do well in market downturns – and that’s true for  the “dress circle” properties in the Queenstown area. The value growth down south has been stellar while other areas of New Zealand – most noticeably Auckland and Wellington – continue to feel the impact of high mortgage costs. The announcement of a…
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Why property is a great choice to create wealth

Creating wealth for later in life is a goal most of us embrace and spend our entire working lives trying to accomplish. And for the vast majority, property investment is a huge component of their strategies. Many young people today feel the idea of owning property is beyond their reach.  However, there are strategies to…
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Can a rate cut ignite the NZ property market?

Signs of an immediate uplift in the momentum of the New Zealand property market have emerged following the Reserve Bank of New Zealand’s decision to cut the Official Cash Rate (OCR) by 0.25%. Taking the OCR to 5.25%, the mid-August move by the Reserve Bank was the first rate cut in more than four years.…
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Affordability increasing as rates come down

Mortgage rates are dropping against a background of a weak economy, and many pundits are trying to work out whether the current scenario will send property prices north or fail to ignite the market. Many believe that the current Official Cash Rate (OCR) of 4.5% will drop a further 1% to help revitalise the economy. …
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Time to decide! Swift spring sale is still possible

As we enjoy the start of spring, many homeowners will be working hard to prepare their properties for the biggest selling season of the year. Even if you’ve not made a final decision about whether to sell, there’s still time to catch the market’s spring vibes.  It will not take long to prepare for your…
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Why property is a great choice to create wealth

Creating wealth for later in life is a goal most of us embrace and spend our entire working lives trying to accomplish. And for the vast majority, property investment is a huge component of their strategies. Many young people today feel the idea of owning property is beyond their reach.  However, there are strategies to…
Read more