Complex Reality of New Zealand Housing Market: Kiwis share regrets about buying first home Wellington, New Zealand - Some New Zealand citizens who purchased their first homes are currently facing financial crises and regretting their decisions. These stories have become a hot topic on social media, with over 230 people commenting on a post titled, "Do you regret buying your first home?" One user..

Median-income First Home Buyers Struggle to Save for a Deposit It appears that middle-income individuals aiming to purchase their first homes will find it challenging to accumulate the required deposit. According to the Aera Time to Deposit Index report, which is based on research by Aera, middle-income homebuyers face unfavorable conditions when it comes to saving the 20% deposit on the average..

House prices starting to rise but recovery is slow going The stagnation in the New Zealand real estate market is expected to come to an end with signs of recovery on the horizon. According to the latest report from CoreLogic, the Housing Price Index (HPI) rose by 0.4% in October, marking a 0.1% increase over the past three months and the first increase in property values since March 2022. Kelvin..

■ 이완상 변호사의 법률컬럼 제 192회 유언장 (Will) – 6편 (이전 호에서 계속) 소규모 유산 (Small Estate) 의 집행 유산 중에 부동산이 포함되지 않은 소규모의 유산에 대하여는 별도로 법원에 집행허가 (Probate 또는 Letters of Administration)를 받을 필요가 없다. 대표적인 소규모 유산은 15,000불이 넘지 않는 은행 예금, 주식, 생명보험, 국채, 지방채 등이다. 따라서 은행, 회사 등은 법원의 허가절차 없이 합당한 자격이 있는 유언 집행인이나 가족 등에게 소규모 유산을 넘겨줄 수가 있다. 다만, 이런 경우 유언 집행인은 사망진단서 등 해당기관이 요구하는 서류들을 제출해야 하고, 유산분배에 있어서도 반드시 유언장에 명시된 대로, 그리고 유언장이 없는 경우..

Sales of farms and lifestyle blocks continued their downward slide in September The rural property slump deepened in September with farm and lifestyle block sales both continuing their downward trajectory. According to the Real Estate Institute of New Zealand (REINZ), just 151 farms were sold over the three months to the end of September. That's down 21% compared to the same period of last year,..

Auction with $1 reserve attracts 43 bidders to Thames waterfront property A slip knocked this red-stickered house off its foundations - the skew is not the camera - but that didn't stop it being a very hot property over the weekend. The house, in a prime waterfront position in Thornton Bay on the Thames Coast Rd, was auctioned with a $1 reserve on Saturday. And listing agent Steven Bridson of Ha..

New Zealand's 2024 Inflation Outlook and Westpac Bank's Interest Rate Forecast New Zealand - Westpac Bank has unveiled its forecasts for New Zealand's 2024 inflation rate and benchmark interest rates. It is increasingly likely that the inflation rate will remain within the Reserve Bank of New Zealand's (RBNZ) target range of 1% to 3%, and an additional interest rate hike is expected in the first..