2023 Review & 2024 Prediction (2/2)

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 […]

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Market Update – August 2023

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 […]

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Save $300K When You Buy Your Next Property

Save $300K When You Buy Your Next Property Buying a family home is the biggest investment families are doing in New Zealand. What if you could save $300K when you buy your next property? This is almost 7 years’ average New Zealander salary. Let’s start with an example:               We consider a family of two […]

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CCCFA Update

CCCFA Update The new CCCFA rules came to effect on 1 December 2021 which heavily impact the property market in the last 8 months. The government made some changes and clarifications in July which may impact borrowers. The key changes are as follows: Clarifying that when borrowers provide a detailed breakdown of future living expenses […]

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Interest Rates, Property Price, Rent (2/3)

Property Price Average property prices raised 650% over the past 30 years, 150% in the past decade, and 31% in the past year in New Zealand (I encourage you to read it again and think for while).  A lot of people ask me questions about if interest rates go up, if property prices drop or if rent increase in future and how much. […]

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