Everand Logo

Welcome to Everand!

  • NZ Property Investor

    UNCERTAIN OUTLOOK

    Sep 03, 2020 6 minutes

    It’s groundshog day for New Zealand – and the housing market – right now. That’s not just because of the re-emergence of Covid-19 community transmission and the resulting return of Auckland to alert level three and the rest of the country to level two.

    Rather it’s because, just as in March when New Zealand entered lockdown for the first time, most of the country’s housing markets were performing strongly prior to lockdown 2.0. And, just as in March, that solid market activity has been thrown a curveball.

    The difference is that real estate activity can continue to take place at levels three and two (with restrictions). So while the market will, inevitably, be quieter, it has not been forced into a hiatus as it was earlier in the year.

    Despite this, it creates another layer of uncertainty for the market and commentators are not sure what to make of it all. So, in a bid to make sense

    You’re reading a preview, subscribe to read more.

    More from NZ Property Investor

    NZ Property Investor3 min read
    Watershed Moment
    Diana Levinzon has been an investor for less than a year, but she's already completed six flips and is working on her seventh. And her motivation for investing in property is simple – creating wealth for her family. “Both my husband and I work full t
    NZ Property Investor3 min read
    The Easy Way To Add Bedrooms
    Adding bedrooms is a triedandtrue means by which to increase rental yield. Here's an example: the median rent for a three-bedroom home in the West Auckland suburb of Henderson is $670 a week*; add a bedroom and you're looking at $800. It sounds compe
    NZ Property Investor2 min readFinance & Money Management
    Rise In Mortgage Arrears
    This is up 16 per cent year-on-year and hit 1.47 per cent last month alone – the highest level before Covid, when mortgage arrears were at 1.49 per cent in March 2020. While mortgage arrears are rising, they are still at historically low levels. And

    Related Books & Audiobooks