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5 days ago | 
mpamag.com | Mina Martin
South Island leads, Christchurch nears house price peak, OneRoof and Valocity report By 03 Jun 2025 Christchurch house prices are nearing their post-COVID peak, with the average property value rising 1.4% in the three months to May 2025.
At $798,000, values are now just $4,000 below the June 2022 record of $802,000, according to OneRoof and Valocity data.
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5 days ago | 
mpamag.com | Mina Martin
Wellington sees $95,000 lift in asking price, Southland hits record high By 03 Jun 2025 New Zealand’s property market continued to show stable overall activity, but new figures from realestate.co.nz hinted at emerging regional momentum – particularly in the capital.
According to the May 2025 New Zealand Property Report, six of the 19 regions posted monthly and annual increases in average asking prices.
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5 days ago | 
mpamag.com | Mina Martin
Multi-unit consents fall sharply, though standalone house approvals show resilience By 03 Jun 2025 New Zealand’s home construction activity dipped sharply in April 2025, with 2,418 new dwellings consented – a 17% drop compared to April 2024, according to new Stats NZ figures.
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5 days ago | 
mpamag.com | Mina Martin
Household sentiment slips again as outlook weakens further By 03 Jun 2025 New Zealand consumer confidence dipped sharply in May, with the ANZ-Roy Morgan index falling 5.3 points to 92.9 – reversing April’s uptick and indicating a renewed sense of caution among households.
The decline was broad-based, with both current and future condition measures weakening.
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5 days ago | 
brokernews.com.au | Mina Martin
News By Jun 03, 2025 Share Australia’s home loan market saw a flurry of rate cuts last week, with 31 lenders slashing 306 owner-occupier and investor variable rates by an average of 0.27%, according to Canstar’s latest Weekly Rate Wrap-up. Meanwhile, 11 lenders trimmed 279 fixed rates, delivering an even sharper average cut of 0.85%.
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5 days ago | 
brokernews.com.au | Mina Martin
News By Jun 03, 2025 Share Australian home values surged to a new record in May, rising 0.39% nationally, according to the latest PropTrack Home Price Index. This marks the fifth consecutive month of growth, with home prices now 4.12% higher than a year ago. The price surge comes despite falling homeowner sentiment, which dropped 4.8 points to 85.7 amid recent rate moves, ANZ-Roy Morgan data showed.
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5 days ago | 
brokernews.com.au | Mina Martin
News By Jun 03, 2025 Share Pallas Capital, part of the Pallas Group with property developer Fortis, has opened a new Adelaide office as part of its national expansion in commercial real estate lending, specialising in structured debt and equity solutions for commercial and residential projects. The new office, located at Suite 1, Level 4, 57–69 Wyatt St, Adelaide, SA 5000, will support growing demand for flexible and bespoke commercial lending solutions in South Australia.
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5 days ago | 
brokernews.com.au | Mina Martin
News By Jun 03, 2025 Share Australia’s housing affordability challenge has deep structural roots – and solving it will take more than slowing construction costs, according to Ray White chief economist Nerida Conisbee (pictured). “Building more affordably will only happen if construction costs or land prices fall – they remain stubbornly high,” Conisbee said.
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5 days ago | 
brokernews.com.au | Mina Martin
News By Jun 03, 2025 Share Australians lost nearly $119 million to scams in the first four months of 2025, according to new Scamwatch data released by the National Anti-Scam Centre. While overall reports dropped 24% to 72,230 compared to early 2024, financial losses rose 28%. That figure is still 38% below the $193.2 million reported during the same period in 2023, indicating a downward trend in large-scale scam losses – but one that still poses serious risks.
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1 week ago | 
brokernews.com.au | Mina Martin
News By May 31, 2025 Share
Better Choice Home Loans has announced significant rate reductions across its product suite. The mortgage lender is rolling out new rates across residential, SMSF, and commercial lending – offering greater flexibility for non-traditional borrowers. Effective June 5, rates on the Ultimate Prime Alt Doc range will be cut by up to 43 basis points, while SMSF loans will drop up to 30 basis points.
