* REINZ House Sales – Down: Sales in February were down 20.2%on the same time a year ago. * Interest Rates –Down: Interest rates are increasing especially for longer fixed terms. * OCR – Down: It’s been suggested the Reserve Bank may slow the rate of those increases because of the effectiveness of the LVR […]
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To really make the most of a weekend property, it needs to be within convenient striking distance of your regular home. Once a property is over one and a half hours from your residence, the chances of your enjoyment rapidly waning increase. In excess of two and a half hours and the odds really start […]
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When buying your first home, your first step is working out how big a deposit you’ll need & then to saving hard. 1. Work out what you can afford to borrow and still live comfortably. 2. Get advice from a financial planner, friend or family member who has bought property before. Get as much advice […]
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Home prices have turned for the better, breaking the downward trend that was showing earlier this year. May Quotable Value (QV) statistics indicate that for the past two months, average house prices have lifted nationally, with Auckland house prices jumping 13.1 per cent. However, the rate at which prices are growing is slowing. Growth peaked […]
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