Kapiti Financial Advice Limited – KiwiSaver and Investment

Lower and lower interest rates feeding into higher and higher property prices

house in background with three piles of coins in the front.

Last week’s REINZ property statistics indicated that lower and lower interest rates are feeding into higher and higher property prices, with buyers taking advantage of low interest rates and serviceability to get into a market that some fear will keep rising. In short, fear of missing out is trumping any concerns that the full extent … Read more

Property market supported by low interest rates and lack of listings

house in background with three piles of coins in the front.

Latest data from the REINZ revealed that the property market continued to surpass expectations in August, supported by low interest rates, the prospect of rates moving still lower, a lack of listings, ongoing post-lockdown demand, the removal of LVR’s and first time buyers trying to get into the market. Activity continues to be underpinned by … Read more

Wellington house prices maintain momentum in July

house in background with three piles of coins in the front.

Latest data from the REINZ revealed that the property market continued to defy “expectations” in July, supported by pent-up demand and perhaps post-lockdown relief. REINZ CEO, Bindi Norwell, noted that activity during July was underpinned by strong levels of interest and engagement from all buyer levels, including first home buyers, investors and families looking to … Read more

Wellington property market rebounds in June

house in background with three piles of coins in the front.

Earlier this week the REINZ released residential property statistics for June, revealing a 9.2% increase in the national median house price from the level prevailing in June 2019. The national median house price was $639,000, compared to $620,000 in May and $585,000 in June 2019. The Wellington region recorded a 10.5% increase in the median … Read more