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  • REINZ Monthly Report August 2019

    Click on the covers to go to the REINZ Reports The Monthly Property Report has shown the number of residential properties sold across New Zealand in August decreased by -6.1% from the same time last year to 5,959 (down from 6,346), the lowest level of sales for 7 months. … Read more

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  • July 2019 REINZ Property Report

    REINZ Chief Executive Bindi Norwell reports “This is the first time in eight months that we’ve seen the number of properties sold around the country increase on an annual basis suggesting that we’re starting to see some early signs of growth. Some of this can be attributed to more … Read more

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  • Tony Alexander Weekly Update 8th August

    Our Economy Things have started heading in the less stellar growth direction in recent times. NZ business confidence sits at levels almost as bad as during the GFC. Consumer confidence measured by the ANZ Roy Morgan survey has fallen to 116.4 from 122.6 in June. The ten-year average … Read more

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  • Keith Jones Loan Market Update 7/8/19

    From the desk of our Keith Banks are now talking about the OCR dropping today to 1.00% and anticipated dropping to 0.75 by year end 2020 Retail lending rates could fall further, by YE 2020 – maybe fixed rates around 3.00% With that in mind, today, I would now … Read more

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  • House values up 2%, but listings down in big cities…

    Our national obsession with housing means that there doesn’t seem to be a dull moment these days in the property market. Here are three significant news snippets from this week: Data out from the Reserve Bank has backed up CoreLogic’s Buyer Classification data by confirming that investor lending remained … Read more

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  • Tony Alexander Weekly Update 1 August 2019

    Our Economy The United States economy has just recorded its longest period of economic growth since data started in 1854. Their unemployment rate is near a half century low, and growth in GDP was an annualised 2.1% during the June quarter. Our own economy has been growing quite well … Read more

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  • Is it a bird? Is it a plane? No, it’s a pre-approval!

    Your x-ray vision has showed you some properties you’d like to buy. And you’re ready to move faster than the speed of light. But, even your sharp senses aren’t telling you just how much you can borrow… And, uncertainty and lack of confidence are a buyer’s kryptonite! Enter your … Read more

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  • Tony Alexander Economic Update 21/6/19

    Our Economy The OECD and IMF have both in the past week made comments regarding the state of and prospects for the NZ economy and there was nothing vastly different from what we are seeing and saying, and nothing likely to cause the government to alter its policy … Read more

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  • Loan Market Newsletter for May 2019

    The May newsletter from our Loan Market broker; Keith Jones. May hasn’t been as eventful as our compatriots across the ditch – with their election and all. But there have been a few notable events that took place over the past month that are worthy of … Read more

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