Bindi Norwell
Business News for 18 July 2018
Profits for the main NZ banks dip in first quarter. Softer real estate market may prompt LVR easing. Inflation still in check means low rates for longer. Financial markets mildly positive. Audio
Record house prices, fault of supply shortages - REINZ
Record median house prices in some regions proves short supply comes at a cost. Audio
Property Managers group merger doesn't go far enough
The Real Estate Institute says the merger between the Property Institute and Independent Property Managers doesn't go far enough in protecting consumers. Audio
KiwiBuild income cap questioned
Bindi Norwell is chief executive of the Real Estate Institute and Douglas Fairgray is director of the consultancy Market Economics. They discuss KiwiBuild criteria and people's eligibility. Audio
Property Industry urges govt to scrap foreign buyers ban
The property industry wants the government to go further and dump its proposed ban on foreign buyers. Yesterday the government softened the rules. The new draft of the Overseas Investment Amendment… Audio
House prices steady in May
The housing market was little changed last month, having found some balance ahead of the traditional winter slowdown. Audio
REINZ hopes super housing ministry will cut red tape
The Real Estate Institute hopes the government's super housing ministry will cut red tape and encourage innovation. Audio
Real Estate agents concerned over new meth standards
Real estate agents say home buyers and sellers are angry and confused over the new meth contamination levels. The Prime Minister's chief science adviser says there's no evidence of illness arising… Audio
The number of house sales rose last month as prices dipped
The number of properties sales are on the rise, with strong price growth in a number of regions. Audio
New affordable apartments drive down Auckland house prices
Apartment living is gaining in popularlity in Auckland, with an increase in affordable new developments in the inner city. Audio
House prices still rising but sales volumes slump
House prices continue to rise with a shortage of affordable housing spreading to centres outside of Auckland. Audio
House prices and sales pick up in most parts of the country
House prices and sales are picking up again, with double digit growth in some parts of the country. Audio
Housing market shows some signs of life
As you may heard in the news the real estate market has had a reasonable start to the year, with sales at their strongest level in 19 months. Audio
Foreign buyer ban may sting private house sellers
People who sell their homes privately could be fined thousands of dollars if they knowingly sell to an overseas buyer and try and cover it up. When the foreign buyer ban comes into effect, it will be… Audio
November house sales rebound, with record prices in 7 regions
The housing market had a modest lift in prices, with a rebound in the number of properties sold last month. Audio
Housing market prices continue to rise, except in Auckland
House prices continue to rise in most parts of the country, with gains in 14 of 16 regions. Audio
Housing market stalling
The housing market is stalling as the number of properties sold has slumped. Audio
National house prices rise, but fall in Auckland
As you heard in the news the housing market's slowdown is more pronounced. Audio
National house price growth rate continues to slow
National house price growth is continuing but tighter bank lending restrictions are having an impact on investor demand. Audio
National house prices flat as Auckland price-growth slow
National house prices are flat as a slowing rate of growth in Auckland offsets increases in the regions. Audio
