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Century 21 stories

OCR rise won’t deter first home buyers as rent increases continue
Real estate

OCR rise won’t deter first home buyers as rent increases continue

Higher mortgage costs are unlikely to deter first-time buyers while rents keep climbing and remain above many monthly loan repayments.

By Michael Curreen • 4 min read • Fri, 8th Oct 2021
Concerns rental market will worsen following tax changes
Real estate

Concerns rental market will worsen following tax changes

Tenants could face higher rents and fewer homes as landlords lose interest deductibility from Friday, industry figures warn.

By Michael Curreen • 4 min read • Thu, 30th Sep 2021
Strong Spring predicted for property market following lockdown
Real estate

Strong Spring predicted for property market following lockdown

Lockdown has not cooled demand, with New Zealand house prices hitting another record as spring listings are delayed and buyers stay active.

By Michael Curreen • 12 min read • Tue, 14th Sep 2021
Property market slowdown continues – house prices fall in two cities
Real estate

Property market slowdown continues – house prices fall in two cities

Affordability pressures are starting to bite, with Hamilton and Rotorua both posting quarterly falls after a rapid run-up in values.

By Michael Curreen • 7 min read • Tue, 31st Aug 2021
Plenty of real estate activity under Level 4
Digital Transformation

Plenty of real estate activity under Level 4

Online property traffic is staying strong during New Zealand's Level 4 lockdown, as buyers browse listings and sellers turn to virtual appraisals.

By Michael Curreen • 2 min read • Thu, 26th Aug 2021
Is the cooling housing market just a winter lull?
Real estate

Is the cooling housing market just a winter lull?

Record prices are still climbing, but a drop in sales and inventories suggests winter may not be the only reason for the slowdown.

By Michael Curreen • 13 min read • Wed, 18th Aug 2021
Ownership change for Century 21 New Zealand
Real estate

Ownership change for Century 21 New Zealand

The franchise's headquarters will move to Manawatu after Tim Kearins bought Derryn Mayne's 25% stake in Century 21 New Zealand.

By Michael Curreen • 2 min read • Fri, 6th Aug 2021
Housing market continues to defy expectations
Real estate

Housing market continues to defy expectations

New records in prices and sales show demand is still outpacing supply, despite efforts to cool New Zealand's property market.

By Michael Curreen • 11 min read • Sun, 18th Jul 2021
Best performing suburbs in 2021 so far
Real estate

Best performing suburbs in 2021 so far

Cheaper provincial suburbs have driven New Zealand's property boom, with Manunui up 51.8% and Hargest selling in just six days.

By Michael Curreen • 5 min read • Mon, 21st Jun 2021
Housing shortage key driver of unaffordable housing market
Real estate

Housing shortage key driver of unaffordable housing market

Record-low inventory is pushing New Zealand house prices higher, leaving first-time buyers with fewer affordable options.

By Michael Curreen • 9 min read • Wed, 16th Jun 2021
Flatlining house prices – are the forecasts right?
Real estate

Flatlining house prices – are the forecasts right?

Rising lending restrictions and tax changes are already cooling demand, though some agents say Treasury’s flatlining forecast may be too gloomy.

By Michael Curreen • 5 min read • Tue, 1st Jun 2021
Where does housing fit into Budget 2021?
Housing

Where does housing fit into Budget 2021?

Budget 2021’s housing package was welcomed, but experts warned it lacks the radical steps needed to help first-home buyers and renters.

By Michael Curreen • 5 min read • Fri, 21st May 2021
First home buyers losing hope
Real estate

First home buyers losing hope

Government help may be needed as first-time purchasers’ share of the market falls to its lowest level since 2018, CoreLogic says.

By Michael Curreen • 7 min read • Tue, 18th May 2021
Property market shows signs of slowing
Real estate

Property market shows signs of slowing

Signs of cooling are emerging as quieter open homes and more auctions passing in are expected to slow gains after a red-hot year.

By Michael Curreen • 10 min read • Fri, 7th May 2021
The best performing region for residential investors
Real estate

The best performing region for residential investors

Investors in Manawatu/Wanganui saw 25.3% capital gains and 4.0% yields, making it the country’s standout residential market.

By Michael Curreen • 6 min read • Mon, 26th Apr 2021
Housing market hotter than ever despite LVRs and Government intervention
Construction

Housing market hotter than ever despite LVRs and Government intervention

Record prices and a 14-year sales high show New Zealand's housing market is still racing ahead despite tighter lending rules and tax changes.

By Michael Curreen • 10 min read • Thu, 15th Apr 2021
Will these changes solve New Zealand’s housing crisis?
Housing

Will these changes solve New Zealand’s housing crisis?

The package aims to boost supply and help first-home buyers, but experts warn it may not curb soaring prices or fix shortages quickly.

By Staff Writer • 10 min read • Wed, 24th Mar 2021
How the new housing package affects you
Housing

How the new housing package affects you

Home buyers could gain from easier grants, while investors face a tougher tax regime and rents may rise as a result.

By Michael Curreen • 10 min read • Wed, 24th Mar 2021
Record breaking February as buyers rush to beat LVRs
Real estate

Record breaking February as buyers rush to beat LVRs

Sales surged 14.6% year on year in February as buyers rushed to secure homes before loan-to-value restrictions returned in March.

By Michael Curreen • 10 min read • Fri, 12th Mar 2021