November Update

The property market has certainly picked up over spring, however there is a lot of comment around the LVR restrictions imposed by the Reserve Bank in October 2013, and its effectiveness in dampening the market. The LVR restrictions imposed were designed to slow the market and reduce the exposure of

Post Election Market

The election result is now known and the status quo remains with pre election nervousness disappearing.  This should inject some confidence back into the housing market as things such as a capital gains tax are not likely to come to fruition for the time being, and those that were waiting

What’s Hot

A number of banks have been changing their fixed mortgage rates in the past month. While we’ve seen rises in 6 month to 3 year rates, we’ve seen a reduction in 4 and 5 year rates, meaning the mortgage curve is starting to “flatten”. This makes fixing for longer terms

Update

There are a number of forces at work in the property market at the moment, trying to pull it this way and that, but for now it seems fairly balanced. On the one hand we have an improving labour market, which is looking to push up house prices throughout the