BNZ chief economist, Tony Alexander, in his Weekly Overview of 29 May 2014 says targeting New Zealand’s housing market by trying to alter migration flows by using fiscal policy to try to smooth the economic cycle the outcome was usually a worsening of the cycle….
14 May 2013 New Zealand property had the highest April turnover for six years with 7,104 houses sold during the month according to the Real Estate Institute of New Zealand. As prices remained solid, the monthly report recognised the impact that the Auckland and Canterbury markets are having on the nationwide price behaviour. The regions […]
The characteristic slow start to the year for New Zealand property has been somewhat undetectable after the market showed signs of strong buyer movement in January.
11 February 2013 New Zealand property values are now 2.6% above the previous market peak with a 6.2% nationwide increase in the past year. The February report by Quotable Values (QV) is likely to widen the smile of investors with rising property values indicating considerable capital gains ahead. According to QV research director Jonno Ingerson, […]