Bollard's predictions on interest rates welcome
Reserve Bank governor Alan Bollard kept the official cash rate unchanged at 2.5%, as expected, and reiterated a mid-year start to rate hikes, saying the subdued pace of recovery will restrain inflation.
"The relatively sluggish recovery predicted in recent statements continues to play out," Bollard said at the release of the Monetary Policy Statement in Wellington.
"Households are still cautious, with house sales and credit growth remaining subdued. Business spending is weak despite much improved confidence...MORE»
Whangarei: City of 100 opportunities9 March 2010
Known as the city of 100 beaches, the <i&NZ Property Investor</i& check out whether opportunities for investors measure up to the golden sands, or whether wreckage of the recent storm is still lingering. MORE» |
Auckland rental shortage under debate9 March 2010
Rents look set to rise in Auckland as the rental pool drains somewhat, but the extent and reasons behind the drop are under debate. MORE» |
Values growing at slower pace
House values rose 5.5% in the year through February, though the speed of growth is beginning to slow down, according to QV Valuations. MORE»
QV regional snapshot - February 2010
Property values in February are above the same time last year, with the main urban areas performing well. To find out what's been happening in the six main areas throughout the country, click on the links in the story below. MORE»
Bargains galore but not much action
The property investment market has largely ground to a halt, despite ample bargains currently available. MORE»
Listings hit 11-month high in Auckland
Listings in Auckland reached an 11-month high in February and the average sales price reached a historical high for the month, according to Barfoot & Thompson. MORE»
Swaps market offering opportunity for investors
A new website is offering an alternative avenue for investors to broker deals, where the value of the property isn't the primary concern. MORE»
