Source: NZ Herald
What's in store for the housing market in 2020?
Will house prices climb to new heights? Can enough houses be built to reduce Auckland's shortage? What's next for interest rates and how will New Zealand's general election affect investors?
Our property experts pull out their crystal balls to make their tips and list the five things you need to keep an eye out for in the year ahead.
Propertyscouts New Plymouth News
Experts In Property Management
Property: Five things you need to know about the housing market in 2020
17 January 2020
Property investment, tax systems help propel super rich to greater wealth
1 January 2020
Source: Stuff
When you think of the world's super rich, you might imagine billionaires on boats in Monaco, or Jeff Bezos - making a reported US$2500 (NZ$3797) a second.
But while we may not have rich people on an Amazonian scale, New Zealand isn't short of super wealthy.
Builders busy in New Plymouth with consents rising
17 December 2019
The value of building consents in New Plymouth reached $253.8 million in the year to September, according to the latest figures from Statistics New Zealand.
That figure is down on last year, when the total value was $260.4m, but up on 2017, when it was $230.2m.
What drives rental prices? National Propertyscouts
2 December 2019
Market forces are the biggest drivers of rent.
Reserve Bank keeps restrictions on mortgage lending in place
28 November 2019
Governor says the Bank didn't come 'particularly close' to loosening restrictions
OCR reaction: economists surprised but expect 2020 cut
17 November 2019
Economists were surprised by the Reserve Bank's decision to keep the official cash rate on hold, but expect the central bank to ease rates next year.