Market Place

Columnists

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Philip Macalister

Philip Macalister has his finger on the pulse of the real estate market. He publishes the NZ Property Investor Magazine and property investment website landlords.co.nz

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Good news for the property market
The Reserve Bank's 150 basis point cut to the official cash rate is indeed good news for the property market. Home loan rates are tumbling and all lenders pretty much have rates starting with a five. (Those who don't are sure to have them
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Positive predictions for property
Here's a few predictions to start the year with. Firstly, smart investors are buying and will make some great buys. In the next issue of the NZ Property Investor we speak to many people who have bought properties in the past couple of months. The stories they tell are quite inspiring as they show that the numbers being achieved in this market are good. Property is starting to stack up as an investment option after years of being too expensive.
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