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'Shouldn't be penalised': Petition to scrap house price caps for first-home buyers nears 600 signatures - Vimarsana News

'Shouldn't be penalised': Petition to scrap house price caps for first-home buyers nears 600 signatures

'Shouldn't be penalised': Petition to scrap house price caps for first-home buyers nears 600 signatures Newshub 5 days ago Priscilla Dickinson © Supplied/Getty Images. Northland-based mortgage broker Sarah Curtis has set up a petition to remove house price caps across New Zealand. A petition calling on the Government to remove regional house price caps for first-home buyers is nearing 600 signatures. First-home buyers wanting to get the First Home Grant and First Home Loan must ensure the price tag of the home is within the 'price cap' set for the region. From April 1, pr...

Source: msn.com
Housing crisis: Average NZ house price now above $900,000, no sign of slowing down - QV - Vimarsana News

Housing crisis: Average NZ house price now above $900,000, no sign of slowing down - QV

10/05/2021 The market hit a new high in April, with the average national value up 8.9 percent. Photo credit: Getty Images The average house price in New Zealand will hit $1 million before year's end, if recent trends continue. The latest Quotable Value figures, out Monday, show the average value nationwide is now $913,209 - up 8.9 percent in just three months. At that rate, the $1 million mark will be reached by September.  The average is now more than twice what it was as recently as December 2013, has risen just under $300,000 in two years and is up 37 ...

Wellington's $2 million suburbs: Exclusive parts of the city see big valuation jump - Vimarsana News

Wellington's $2 million suburbs: Exclusive parts of the city see big valuation jump

Wellington is trying to prepare for a projected population explosion, in a city desperately short of housing. Wellington now has two $2 million suburbs, as property valuations in exclusive parts of the city jump significantly – bucking a national trend which has seen "affordable” homes attract the largest growth in capital gains in the past few months. The average house in the seaside suburb of Oriental Bay/Roseneath is worth $2,190,324 and properties in Seatoun are valued at about $2,054,674, the latest analysis from Quotable Value (QV) shows. Oriental Bay/Roseneath became part of the ...

What's it like when you don't own your home? The housing crisis and renters aged 8-82 - Vimarsana News

What's it like when you don't own your home? The housing crisis and renters aged 8-82

What's it like when you don't own your home? The housing crisis and renters aged 8-82 30 Apr, 2021 05:00 PM 19 minutes to read It's becoming harder than ever for renters to find a place to call their own. Photo / Herald file It's becoming harder than ever for renters to find a place to call their own. Photo / Herald file In a heated housing market renters are the collateral damage, the silent thousands who can't afford to buy - or complain. What's life like when you don't own your own home? Kim Knight speaks to tenants aged eight to 82. Renting is a rite of passage.

House prices continuing to soar - new QV Quarterly Index - Vimarsana News

House prices continuing to soar - new QV Quarterly Index

New housing price figures show the average price of entry-level houses in Ruapehu has increased by more than 70 percent in the last year. The latest Quotable Value (QV) Quartile Index shows house prices rising in the lower end of the market (file image). Photo: Unsplash / Nick Sarvari The latest Quotable Value (QV) Quartile Index showed the rise in the central North Island district was by far the largest price increase for homes in this bracket of anywhere in the country. The next biggest jumps were in Buller, where there was a 55 percent increase, and in Southland, where the increase was 47...

Source: rnz.co.nz