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The pressure is on for a BIG interest cut
(08 Oct 2008)
In a shock-and-awe move, the Reserve Bank of Australia has cut its official cash rate by a full percentage point, putting pressure on its New Zealand counterpart to follow suit.
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House prices 'to keep falling until March'.
(07 Oct 2008)
House prices are expected to hit bottom in March, and could fall to as much as 25 per cent down on boom levels, according to Treasury's pre-election report.
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Auckland home sales pick up with Spring
(06 Oct 2008)
The number of homes sold in Auckland rose last month, reflecting a pickup in demand with the start of Spring. The average price fell, possibly reflecting the global credit crisis, according to real estate firm Barfoot & Thompson.
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Kiwis free to take up DIY tools
(03 Oct 2008)
Kiwi DIY culture is set to flourish after the Government announced on 30 September relaxed building standards, but some builders are concerned about faulty construction from amateurs.
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Coming to grips with Building and Construction portfolio
(03 Oct 2008)
Shane Jones says that coming to grips with the Building and Construction portfolio has been a bit like running straight off the bench into a rugby scrum...crouch, touch, and engage!
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Building code red tape cut
(03 Oct 2008)
Landlords can look forward to some changes to the Building Code that come into effect on October 16, designed to make the building process less complicated for minor work.
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Beginning of the end for fixed rates?
(02 Oct 2008)
Is it the beginning of the end for the fixed rate mortgage so beloved of New Zealand home owners?
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Update on legislation of interest to property investors
(30 Sep 2008)
The election date is November 8 and the Real Estate Agents Bill comes into effect around November 2009. Other bills stay on the table until after the election.
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Building approvals fall to 22-year low
(30 Sep 2008)
New Zealand home-building approvals fell to a 22-year low last month, reflecting an economy that may not climb out of recession until the final quarter of the year.
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Looking for a straight swap.
(29 Sep 2008)
Royce Brazier is among the first to list a property in the new house trading website www.realestate.co.nz - but he' not new to trading properties.
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