đź•‘| 2-minute read ANZ research team forecasts OCR will drop by nearly 40% (from 1.75 to 1.00). I tend to agree because the Reserve Bank of New Zealand has signalled that the next move in the …
Continue Reading about The Biggest NZ Bank Forecasts Cheaper Home Loans & What You Should Do →
đź•‘| 1-minute read The Reserve Bank has indicated it expects to keep the OCR on hold until mid-2021, given the balance of risks it sees around the growth outlook. …
Continue Reading about The Official Cash Rate (OCR) to Be Kept on Hold Until 2020 →
đź•‘| 2-minute read In the last newsletter, I mentioned the updated method of counting migration by Stats NZ. The net number (inbound migration less outflows) went down by roughly 30% to 43,400. …
Continue Reading about Does NZ Really Have a Housing Shortage? (Updated Migration Rates) →
đź•‘| 2-minute read New dwelling consents are now at the highest level since 1975, but economists say that it’s likely they have reached their peak. A total of 33,576 new dwellings were consented …
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đź•‘| 1-minute read Auckland attracts nearly 50% of new immigrants, and it is the engine of the NZ economy. Also, I happen to live there. …
Continue Reading about My Highlights of REINZ February 2019 Report →
NZ Population Will Reach 5 Million in 2019 (The Fastest Growth Ever!) In 1908 the country had just 1 million people living here. It took 44 years to reach 2 million (1952), 21 years (so fast due to …
Continue Reading about Why NZ Will Not Fulfill the Property Demand (370,000 Houses Needed) →
