Auckland properties took longer to sell in August than in any August since REINZ records began — and it wasn't an isolated blip. New REINZ data released this week shows the city's inventory has now grown for 31 straight months, while nationwide sales hit their sixth-lowest August level in 35 years. If you own a rental in Auckland, this is the clearest read yet on where the market actually sits heading...
Auckland properties took longer to sell in August than in any August since REINZ records began — and it wasn't an isolated blip. New REINZ data released this week shows the city's inventory has now grown for 31 straight months, while nationwide sales hit their sixth-lowest August level in 35 years. If you own a rental in Auckland, this is the clearest read yet on where the market actually sits...
On 2 September 2026, the Reserve Bank lifted the official cash rate 25 basis points to 2.75%. Within a day, ANZ, ASB, BNZ, Westpac and Kiwibank had passed the full 25 points onto floating mortgage rates. Savers were offered as little as 5 basis points, and in BNZ's case, nothing at all. If you're carrying a mortgage on a rental, that's a real cost increase you absorbed in under 24 hours — while the bank...
The Reserve Bank raised the Official Cash Rate to 2.75% on 2 September 2026, the second increase in as many months. Auckland home values fell 2.7% over winter, the sharpest quarterly drop in two years. Auckland rents barely moved, up just 0.8% to $689 a week. Here's what happened last week, and what it means for your rental. The OCR Hits 2.75%: What It Means for Your Mortgage The Reserve Bank's...
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