2023 Review & 2024 Prediction (2/2) The property market saw massive changes last year, and it is expected some highs and lows in 2024 as well. 2024 started with a new coalition government that adjusted some legacy labour government laws in the first 100 days. In general, the property market situation is expected to change. No […]
Market Update August 2023 After a while, I was so busy helping my clients buy or sell the property (including buying for myself), let’s review the property market. To summarize market change and price reduction now convert slightly to a price increase (about a 0.5% increase per month in part of Auckland). If you were […]
How long should I fix my mortgage? A lot of people asking me how long should I fix my mortgage. What is the prediction on interest rate short term and long term? Here are my answer to these questions: First of all, this is general advice & here is my disclaimer. The decision of how […]
2022 Review & 2023 Prediction (2/2) The property market saw massive changes last year, and it is expected there are a lot of highs and lows in 2023 as well. 2023 started with an unexpected flood in Auckland, will follow by RBNZ planned economy slowdown (maybe recession) and then the election. No need to say […]
2022 Review & 2023 Prediction (1/2) 2022 will end, and the property market saw massive changes during this year. I predicted the most 10 important events in 2022 last year. Let’s review it and see what happened: Interest increase: Everybody knew the interest rate will increase in 2022, my prediction was 5% or higher but […]
RBNZ Goes Hard and Fast While I was busy helping my clients buy awesome properties, there was a continuous change in the market, here is some update. Annual inflation was at 5.9% in the December quarter and it is expected to peak at around 7% in the first half of 2022. While inflation is above target and employment […]
2022 Prediction Happy new year. The property market saw massive changes during last year, it is expected there is a lot of high and low in 2022 as well. No need to say high and low create opportunities for people who are in the market, ready and know what going to happen. Let’s start the […]
2021 Review 2021 is going to end and the property market saw massive changes during this year. I will summarize the most 10 important events in 2021 in this post and predict 10 things that may happen in 2022 in the next post. I want to highlight again if you have the knowledge, plan, strategy […]
OCR Increased, did you miss the chance? If you missed the opportunity from early October 2021 to check your mortgage structure and how much interest rate you are paying and you will pay in the next 1 to 3 years, your options are much limited today. The current window will be closed very soon here […]
Finance Update There are 2 new announcements today by BNZ & Westpac which I want to explain further in this week post. Both of them are key lenders and their decisions may impact the market. BNZ BNZ announce with immediate effect that it will not lend more than 6 times the applicant income. This […]
Property Market Update There were two new announcements recently which I want to explain further in this week post. Both of them will play a key role in how the market work in the short term and long term. The 3rd part INTEREST RATES, PROPERTY PRICE, RENT will be published next week. As you read in the interest rates post, we […]