comparemela.com

Latest Breaking News On - ஹமிஷ் படேல் - Page 1 : comparemela.com

House prices: Won t someone think of the movers?

House prices: Won t someone think of the movers?
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

Station Eleven Author Emily St John Mandel Signs With Verve (EXCLUSIVE)

Station Eleven Author Emily St John Mandel Signs With Verve (EXCLUSIVE)
lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.

Saving up to buy your first home? It could take you nine years to get a deposit together

Lower house prices and job opportunities are attracting more property buyers to the King Country. Buying a first home has always been hard, but these days the deposit is a huge hurdle for aspiring homeowners who need many years to save one – while prices keep climbing. Recent CoreLogic data shows property values increased sharply in the first three months of this year, with the national average up by 7.2 per cent since December to $845,491 in March. Nationwide values then increased by a further 3.1 per cent over April, which took the annual rate of growth to 18.4 per cent from 16.2 per cent in March and left the average national value at $871,375.

Govt changes likely to drive investors to new properties

Loan-to-value ratios (LVRs) already allow borrowers to get loans on new builds with a smaller deposit than they would need for an existing property. For a new build, first-home buyers can usually have a deposit of 10 per cent while property investors are currently required to have a deposit of 20 per cent. In contrast, first-home buyers usually need a deposit of 20 per cent to buy an existing house and investors effectively need a 40 per cent deposit already, although that’s not official until May. Opposition leader Judith Collins says Prime Minister Jacinda Ardern has broken a promise by introducing a capital gains tax after the Labour Government announced a series of housing policy changes.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.