News

Oneroof
oneroof. co. nz > news > what-the-ocr-warning-and-iran-ceasefire-mean-for-kiwi-house-prices-49278

What the OCR warning and Iran ceasefire mean for Kiwi house prices

1+ week, 5+ day ago  (1096+ words) - The Reserve Bank held the cash rate at 2. 25% but warned of potential increases if inflation doesn't drop. - The Middle East conflict has slowed the housing market, with ANZ predicting a 2% price drop. - Experts say the ceasefire may stabilise oil prices,…...

Oneroof
oneroof. co. nz > news > tony-alexander-what-the-ocr-decision-means-for-mortgages-and-house-prices-49273

Tony Alexander: What the OCR hold and rising inflation mean for mortgage rates

1+ week, 6+ day ago  (568+ words) ANALYSIS: As had been near-universally expected, the Reserve Bank left the Official Cash Rate unchanged at 2. 25%, the level it's been sitting at since November last year. Inflation, meanwhile, has risen from 2. 2% to 3. 1% over the last year or so and will…...

Oneroof
oneroof. co. nz > news > ocr-what-reserve-banks-next-move-could-mean-for-mortgages-jobs-and-house-prices-49268

OCR: What Reserve Bank's next move could mean for mortgages, house prices

2+ week, 1+ day ago  (380+ words) The five things you need to know about the housing market this week. 1. Looking beyond Wednesday's OCR decision The Reserve Bank will be making a call on the Official Cash Rate on Wednesday. It's almost certain to hold it at…...

Oneroof
oneroof. co. nz > news > first-golden-visa-sales-buyers-from-germany-us-south-korea-and-china-snap-up-kiwi-homes-49222

First "golden visa" sales: Buyers from Germany, US, South Korea and China snap up Kiwi homes

3+ week, 2+ day ago  (1047+ words) - Foreign buyers are purchasing high-end homes under the new "golden visa" rules. - Four purchases have been approved since March 6, including for two properties in Auckland. - Agents report increased interest from US, European and Chinese buyers seeking safe and stable investments....

Oneroof
oneroof. co. nz > news > why-the-housing-market-is-the-least-of-the-reserve-banks-worries-49223

Why the housing market is the least of the Reserve Bank's worries

3+ week, 2+ day ago  (484+ words) The five things you need to know about the housing market this week. 1. Reserve Bank strikes a cautious tone about interest rates There have been some key speeches made by Reserve Bank officials in recent days, which have tended to…...

Oneroof
oneroof. co. nz > news > cheap-reno-cash-nzs-biggest-bank-offers-2-5-rate-to-homeowners-49175

Cheap reno cash: NZ's biggest bank offers 2. 5% rate to homeowners

4+ week, 2+ day ago  (621+ words) - ANZ is offering a low-interest Reno Loan for homeowners to borrow up to $50, 000 at 2. 5%. - The loan targets customers with at least 20% equity, aiming to kick-start renovation projects. - ANZ's Emily Mendes Ribeiro said accessing finance for renovations was a major hurdle…...

Oneroof
oneroof. co. nz > news > nasty-fuel-shocks-and-deserted-open-homes-what-escalating-iran-war-means-for-nz-house-prices-49168

Nasty" fuel shocks and deserted open homes: What escalating Iran war means for NZ house prices

4+ week, 2+ day ago  (1865+ words) - The war in Iran has caused oil prices to spike, leading to panic buying of petrol. - Real estate agents are prepared for potential fuel shortages, using technology to manage contracts remotely. - Experts say the situation may impact buyer behaviour, with…...

Oneroof
oneroof. co. nz > news > kiwi-buyers-in-nzs-wealthiest-town-now-facing-competition-from-aussie-plumbers-48856

Kiwi buyers in NZ's wealthiest town now facing competition from Aussie plumbers

2+ mon, 3+ week ago  (1122+ words) - Queenstown-Lakes is attracting Australians, including tradies, due to the strong Australian dollar. - The favourable exchange rate makes it easier for Australians to buy property and get mortgages. - Australian interest is high in Queenstown, driven by its amenities and lack of…...

Oneroof
oneroof. co. nz > news > you-should-all-move-down-here-invercargill-home-with-art-deco-vibes-has-739-000-price-tag-48806

You should all move down here: What you can get for $739 K in NZs cheapest city

3+ mon, 4+ day ago  (668+ words) - Tim Frampton highlights Invercargill's appeal to young and older buyers, emphasising affordable housing and lifestyle. - A four-bedroom home at 22 Fairview Avenue, Hawthorndale, is listed for $739, 000. - Invercargill offers high employment, great weather, and amenities like an indoor velodrome and stadium. They…...

One Roof
oneroof. co. nz > news > fastest-rise-in-kiwi-mortgage-debt-since-2022-jump-to-389bn-48792

Fastest rise in Kiwi mortgage debt since 2022 - jump to $389bn

3+ mon, 2+ week ago  (236+ words) 1. Mortgage activity continues to rise First things first, happy New Year! For obvious reasons, the past couple of weeks have been light for data releases, so I thought I'd take this opportunity to dig a bit deeper into the Reserve…...