House affordability House Price InflationMonetary PolicyInflation TargetingInterest Rate Pass-throughNew Zealanders once aspired to home ownership, for many that dream has now been shattered. This paper examines house price inflation in New Zealand, comparing t...
New Zealand: typical city centre apartment buying price, monthly rent (120 sq. m) Buying priceRate per monthYield Auckland$412,571$1,8855.48% Recent news: For the last six years New Zealand's economy’s performance has been robust, with growth of 2.2% in 2019, 3.2% in 2018, 3.8% in...
mortgage lending (…), and an increase in mortgage rates should help ease price pressures. But a sudden price correction—possibly triggered by a shock to household incomes or borrowing costs—could reduce consumer confidence, impact overall economic activity, ...
Originality/value - – In light of this study's results and emerging empirical evidence on the proximity-price relationship, New Zealand's recently introduced National Environmental Standards for Telecommunication Facilities may serve as a model of public policy on tower siting for other markets. 展开...
Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2023.
This paper offers the first empirical investigation of the impact of marketing time on house sale price in Auckland, New Zealand. Using residential sales data and life table analysis, the impact of market cycle on the hazard of sale was tested. It was found that properties in a booming market...
House price data reached an all-time high of 25.0% in Feb 2010 and a record low of -12.6% in Apr 1999.CEIC calculates House Prices Growth from monthly Average Residential Property Price per Square Meter. The National Bureau of Statistics provides year-to-date Average Residential Property Price...
The fate of overall house-price growth could well rest with policymakers. Emergency support for homebuyers and homeowners will be withdrawn as the pandemic draws to a close: in Britain, tax holidays are due to end later in the year. Other countries may look to take the heat out of housing...
Affordable Luxury: Experience Ponsonby Manor Guest House at a Great PriceWhen it comes to finding the perfect accommodation in Auckland, Ponsonby Manor Guest House offers a delightful blend of luxury and affordability. With an average room price of just $125, this charming guest house provides ...
In one example, a property sold for 1 million New Zealanddollars ($610,000) above the asking price in an auction that lasted all of eight minutes. (Most homes in New Zealand are sold at auction.) Ad Feedback That was in May 2021, when salesattracted thousands of bidders who drove pri...