The Reserve Bank of New Zealand has slashed the official cash rate by 2.50% from its July 2024 top of 5.50%: As illustrated below by Justin Fabo from Antipodean Macro, the sharp cut in the cash rate h ...
In 1999, New Zealand scrapped stamp duty entirely in a bold move to help correct its distorted property market.
(Reuters) -New Zealand home prices rose in July but the housing market remains mixed across the country, the Real Estate Institute of New Zealand (REINZ) said on Thursday. Seasonally adjusted median ...
WELLINGTON (Reuters) -New Zealand home prices fell slightly in May although the number of houses sold increased, the Real Estate Institute of New Zealand (REINZ) said on Tuesday. Seasonally adjusted ...
The Reserve Bank of New Zealand has slashed the official cash rate by 3.0% to 2.5%, which has driven mortgage rates sharply ...
New Zealand house prices fell for a fifth straight month to a two-year low in August as sluggish economic growth and rising unemployment keep buyers on the sidelines. Prices fell 0.2% from July, when ...
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New Zealand's central bank on Tuesday said it planned to ease mortgage loan-to-value ratio (LVR) restrictions from December 1 ...
The country’s new “Active Investor Plus” visa offers high-end investors several paths to permanent residency and runs against ...
New Zealand is easing off its ban on foreigners buying houses. The South Pacific island nation is hoping a capital injection via wealthy foreigners will perk up its sluggish economy, Bloomberg ...