Market Update


SuperCity awarded runner up Home Loan Business of the Year

SuperCity awarded runner up Home Loan Business of the Year Over the past 5 years, the SuperCity team have been tirelessly focused upon improving the capability and quality of our people, fine tuning our value proposition and service to our clients This focus has culminated in SuperCity being awarded NZFSG’s runner-up Home Loan Business of […]

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Hot weather, scorching deals.

Hot weather, scorching deals. Scorching hot weather and hot rates to match – we are definitely in a buyers’ market right now. While the housing market typically goes quiet between Christmas and Waitangi Day, here at SuperCity we’ve still been really busy with new buys, renovations and refinances. In December first home buyers made up […]

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Hot rates as OCR stays cool.

Hot rates as OCR stays cool. The price of borrowing is likely to remain low for some time, with the official cash rate (OCR) once again on hold at its historic low of 1.75% – with indications that it won’t budge for a year or two. The Reserve Bank is feeling cautious about the economy, saying the […]

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First-home buyers come out to play as prices remain flat.

First-home buyers come out to play as prices remain flat. Since the market peak of late 2016, house prices in Auckland have remained incredibly steady. This has allowed first-time buyers to take a deep breath and save up their deposits – finally, they can catch up with value gains. Between 2011 and 2015, it was […]

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Balanced forecast, steady market.

Balanced forecast, steady market. The official cash rate remains steady at 1.75% under the new Reserve Bank Governor Adrian Orr – with the chance of a rise or a drop equally likely, he says. Orr has also warned that mortgage rates could rise as banks’ cost of borrowing increases. In the meantime though, we’re seeing banks competing for […]

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SuperCity awarded runner up National Brokerage of the Year.

SuperCity awarded runner up National Brokerage of the Year. Over the past 4 years, the SuperCity team have been tirelessly focused upon improving the capability and quality of our people, fine tuning our value proposition and service to our clients. This focus has culminated in SuperCity being awarded NZFSG’s runner-up in the National Brokerage of the Year […]

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Up, Down and Sideways – It’s all happening in the property market.

Up, Down and Sideways – It’s all happening in the property market. It’s an interesting but active time in the market: asking prices have been at record highs, listings have been at record lows, rents are likely to hit new highs and yet values are relatively flat. The OCR is still at its record low of 1.75% and […]

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LVR Restrictions to ease slightly in 2018

LVR Restrictions to ease slightly in 2018 While many will be singing in the new year with the usual festivities and celebrations, at SuperCity we’ll also be toasting to a small but significant change to the current LVR Restrictions. From 1 January 2018 The Reserve Bank has announced that it would lift its ‘speed limit’ on high […]

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Will Labour disrupt the housing market?

Will Labour disrupt the housing market? There is naturally speculation over the impact a change of government will have on the housing market. We’ve already seen a significant change with foreign buyers now restricted to purchasing new builds and Labour committed to their Kiwibuild project to build 100,000 affordable homes over the next 10 years. […]

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SuperCity Launches Referral Rewards Programme.

  SuperCity Launches Referral Rewards Programme. SuperCity Mortgages & Insurance has never spent $1 on advertising. We have built our business 100% by word of mouth from our clients telling their friends and family about our services, expertise and value we provide. In 4 years we have built our business from scratch to being New Zealand’s 2nd […]

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