In a surprising move the Reserve Bank kept New Zealand official cash rate at 1% this week – many had expected the rate to be reduced to 0.75%. The RBNZ’s Monetary Policy Committee says employment remains around its maximum sustainable level whi

Property Report 9 for W/E 10 November with Steve Hart

Nov 7th, 2019 6m 52s

First-time home buyers struggling to save a 20% deposit to put down on a home were thrown a lifeline this week with the launch of a website called Levridge. The Auckland-based company acts as a gateway for investors and home-buyers to help each

Property Report 8 for W/E 3 November 2019

Oct 31st, 2019 6m 11s

If you have ever felt as if you have lost out financially due to the poor conduct of a real estate agent then you might be interested in a change to the real estate agents act this week. Buyers and sellers can now apply for compensation of up t

Property Report 7 for W/E 27 October 2019

Oct 23rd, 2019 6m 19s

The amount of real estate sales are stable and with average values going up. Kelvin Davidson, CoreLogic Senior Property Economist steady positive rises should continue but cautions there are some important milestones to watch out for in the fin

Property Report 6 for week ending 20 October 2019 with Steve Hart

Oct 16th, 2019 8m 14s

Auckland landlord Lachlan Chung has been fined more than $5000 after renting out a damp and mouldy flat to a mother and 16-month old baby. When the mum moved in she became unwell and had an air test carried out at the Mt Eden property. Biodet S

Property Report 5 for W/E 13 October 2019 with Steve Hart

Oct 10th, 2019 5m 11s

Shelley Bay – Wellington Anyone living in Wellington will know of the controversy around the proposed Shelly Bay housing and retail development. Developer Cassels has had a survey carried out in the Capital and says 57% of those questioned supp

Property Report for 4 for W/E 5 October 2019

Oct 3rd, 2019 4m 58s

The Property Report for Week ending Sunday 6 OCTOBER 2019 Property data firm CoreLogic is helping home buyers find property in suburbs that fit their budget with its Mapping The Market online tool. Visitors to the CoreLogic website can click on

Property Report for 27 Sept 2019 with Steve Hart

Sep 26th, 2019 6m 58s

The OCR holds at 1%, a bad landlord is fined $25k and maybe it's time for parents to help their kids into a home.

Property Report for 20 Sept 2019 with Steve Hart

Sep 20th, 2019 9m 13s

Housing NZ is no more; it will be dissolved and replaced with a new government housing agency. The change brings together all the Government’s major housing entities – Housing New Zealand (HNZ), its development subsidiary HLC, and the KiwiBuild

Property Report for 9 Sept 2019 with Steve Hart

Sep 9th, 2019 6m 11s

OCR cut doesn’t cause a ripple, pressure on government to build more homes and household insurance is rising. Watch out Wellington.

One third of Aucklanders looking to leave city

Aug 26th, 2016 7m 25s

A third of Aucklanders have considered leaving the city to live elsewhere, according to a survey carried out for The Spinoff and Jennings Murphy by SSI.

Interest rate race to the bottom

Aug 17th, 2016 4m 58s

As the Reserve Bank races to the bottom by cutting the official cash rate - now at 2 per cent and likely to drop to 1.5 per cent by the year end - I am starting to wonder if this is the best course of action for the country and society.

Proposed land tax won’t help struggling home buyers in Auckland

Apr 27th, 2016 5m 11s

BNZ economist Tony Alexander says a mixture of higher property prices, firm economic growth, and lower interest rates could see the tide turn on rising home prices. “There is an end game,” he says. “It will come. It always does. It usually come

Auckland housing market out of control

Apr 20th, 2016 5m 56s

The Auckland property market is out of control once again. Not only are first-time home buyers forced to look outside the city, but investors are too. According to Quotable Value, 45 per cent of all homes bought across the country are investmen

Auckland’s median price for a home now $820,000

Apr 13th, 2016 6m 4s

The University of Auckland is selling its Tamaki Campus to property investment company Tamaki Village.There’s already chatter the 11.9ha plot in Glen Innes could be used for hundreds of much-needed homes close to public transport and rail lin

Government should lease Crown land for housing

Jun 3rd, 2015 5m 19s

Government should retain Crown land destined for new homes and lease the land rather than selling it to developers.

LVR goes up to save the banks

May 13th, 2015 5m 36s

Property investors buying homes in the Auckland council region have been put on notice by the Reserve Bank that from October first they will need a 30 per cent deposit instead of 20 per cent - if borrowing money from a local bank.

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