Description
The Reserve Bank of New Zealand has cut the OCR by 50 basis points in the final announcement of the year.
Many are of the mindset that it's low enough to fix for a longer term - but that may not be the case.
Experts say even though the cuts are looking good, banks aren't fully reflecting them in mortgage rates.
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Fixed price offers are common after a home fails to sell at auction - is it possible that the method of sale can either draw in the attention of buyers, or put them off completely?
Property commentator Ashley Church joins to discuss whether there is anything sellers can to to make an easier...
Published 11/23/24
CoreLogic's latest Pain & Gain report for the third quarter of 2024 has just been released, showing the proportion of properties being resold for a higher price is down from the previous quarter.
The number of loss-making resales grew to 9.8%.
It's clear the market is softening - but...
Published 11/16/24