The NZ dollar dropped by about three quarters of a US cent and fell sharply against the Aussie after the Reserve Bank gave a far more dovish than expected message at it latest review of the official cash

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Nick Smith says figures for first home buyers nationally show housing is more affordable than when National became government.

The Government says first homes are more affordable, despite a new

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Figures from a CBRE investment report shows strong increases in the number and volume of transactions for the New Zealand market.

CBRE New Zealand senior director of research Zoltan Moricz​ said that in

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The strength of the property market is not just confined to houses, with demand for commercial, industrial, hotel and retail properties at unprecedented levels and prices rising strongly.

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The Financial Markets Authority says there has been a growing interest in property crowdfunding with promoters proposing various business models, including one offering Kiwis a new way to enter the

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ANZ slashed it's mortgage rates after a move by Kiwibank and now Westpac could join the mortgage-rate battle.

This is good news for borrowers and rates may go lower according to a banking expert.

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A capital gains tax on residential property sold within two years of buying it is being seen as a step in the right direction, but not far enough, with few expecting the new tax to have a big effect on

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Auckland property investors will have to come up with at least a 30 percent deposit under new proposed lending limits set to be introduced in October.

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An official cash rate of 3.5 per cent, which would have been base camp in previous cycles, is now being seen as the highest it will climb this time. ANZ, Westpac and the ASB are all predicting that

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Property prices in Auckland continue to skyrocket and it appears that what is considered “affordable” is creeping closer to the $1 million mark.

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Banks are expected to be able to lend more to people with small deposits. Banks are allowed to lend up to 10 per cent of their total net new lending on mortgages to people with deposits that are

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Restrictions on banks lending to people with low deposits could be removed by the end of the year.

Since October 2013, banks have been restricted so that no more than 10% of their new mortgages are to

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