Auckland House Prices up 30%!
Image: realestate.co.nz
Two articles in the New Zealand Herald are tipping that house prices are about to rocket by up to 30%! This, along with predictions that nationally they will rise by 24 %.
August 12, 2009 No Comments
Market Commentary on Interest Rates
Image: Bloomberg News/Landov
The Reserve Bank of New Zealand has just decided not to alter the Official Cash Rate. If you are borrowing right now it is unlikely you will see further big interest rate reductions, so while you can get money at 5.4% the banks are suggesting you fix that rate for the short to medium term.
August 12, 2009 No Comments
