The average home price in New Zealand is around seven times the average household income and 10 times in Auckland, its largest city. "With falls in borrowing costs, the housing market will be more accessible for first home buyers. However, high house prices and the...
Residential house prices in New Zealand (NZ) have experienced substantial increases even as the rate of house transactions began to slow down in 2007. This paper develops house price forecasting models using multiple regression analysis in order to analyse the main determinants of house prices in ...
WELLINGTON, June 26 (Xinhua) -- Latest report released by OECD has warned that a fall in house prices poses the biggest risk to New Zealand economy. The Organisation for Economic Co-operation and Development (OECD) released its annual economic survey on New Zealand on Tuesday, which found New...
House Prices Compared with what you probably paid for your current home, you’ll find your currency converted to New Zealand dollars will go a very long way in our real estate market. Owning our own home is something that two-thirds of us have chosen to do and is still affordable for mo...
WELLINGTON, July 10 (Xinhua) -- New Zealand housing market continued to cool off with a decline in the rate of annual growth from 3.8 percent in June 2018 to 1.7 percent in June 2019, although values are still in positive territory, the Real Estate Institute of New Zealand (REINZ) said ...
Shi et al. (2014) examine the impact of real fixed interest rates on housing prices in New Zealand. They find that higher interest rates do not have the expected negative effect on real housing prices, once household mortgage choice and other economic conditions are controlled for. Banti and ...
From NorthJersey.com: One North Jersey city leads the Garden State in housing development. See where While housing inventory across the nation has continued to fall short of meeting the growing demand, certain cities are making bigger strides at closing that …Continue reading→ ...
From the NY Post: Wealthy New Yorkers flock to Palm Beach, causing house prices to skyrocket: ‘Supercharged migration’ At the height of the COVID-19 pandemic, wealthy New Yorkers eager to escape the confines of the Big Apple fled south toward …Continue reading→ ...
Private from the street, this gabled, board-and-batten 'New Zealand home' pivots around a central courtyard complete with mature Ginkgo tree Reflected glory Here, Rosenfeld Kidson Truwood modified wood cladding connects with its grand natural surroundings – window reflections complete the scenic pi...
For New Zealand excluding Auckland, the number of properties sold decreased by 6.9 percent year-on-year, statistics showed. In Auckland, the number of properties sold in August decreased by 4.1 percent year-on-year, the lowest in four months. ...