August 2024 Update for Norfolk Mortgage Trust Clients.
Norfolk Mortgage Trust Returns Steady at 7.5%, While Interest Rates Drop and Housing Market Stalls. The Reserve Bank’s been cutting interest rates, but the NZ housing market’s playing hard to get. QV’s August 2024 House Price Index shows values are basically flat for the year. It’s a tough time, no doubt, but at Norfolk Mortgage […]
July 2024 Update for Norfolk Mortgage Trust Clients.
Market Contraction Continues Amid Economic Headwinds. Norfolk Mortgage Trust Delivers Steady Pre-tax Returns at 7.50%. As New Zealand’s property market continues to grapple with a challenging economic environment, the news of the Reserve Bank’s decision to lower the Official Cash Rate (OCR) is being met with cautious optimism. This move, aimed at providing some relief […]
June ’24 NZ Property Market Snapshot & Insights for Norfolk Mortgage Trust Clients.
Winter Brings Cooldown to NZ Property Market. Norfolk Returns Stay Strong at 7.50%. The latest QV House Price Index for June 2024 reveals a deepening chill settling over the New Zealand property market, with prices dropping by 0.9% in June 2024. This accelerated decline compared to May’s figures suggests a market wrestling with economic challenges […]
May ’24 NZ Property Market Snapshot & Insights for Norfolk Mortgage Trust Clients.
May NZ Property Market Softens The New Zealand property market continues to evolve, offering a mix of opportunities and challenges for investors and homeowners alike. While the latest QV House Price Index for May 2024 indicates a slight national dip of 0.2%, the market remains dynamic, with regional variations and emerging trends shaping the landscape. […]
Have recent tax changes in New Zealand left you worried about your trust’s returns?
Understanding the New NZ Trust Tax Landscape Recent tax changes in New Zealand have sparked concern among trust investors, as reported by Stuff.co.nz in their article “Strategies to optimise your money in new tax changes.” The increase in the trust tax rate from 33% to 39% has many seeking tax-efficient alternatives to protect their returns. […]
March ’24 NZ Property Market Snapshot & Insights for Norfolk Mortgage Trust Clients.
Modest Growth Amidst National Recovery In 2024, the NZ property market started to grow again for the first time in almost two years. It’s a hopeful time. Investors and homeowners are finding their way through a mix of steady and changing situations, both in the cities and the regions. With the Official Cash Rate OCR […]
February ’24 NZ Property Market Snapshot & Insights for Norfolk Mortgage Trust Clients.
Steady as She Goes: Interest Rates Hold Amid Cautious Optimism In 2024, the NZ property market started to grow again for the first time in almost two years. It’s a hopeful time. Investors and homeowners are finding their way through a mix of steady and changing situations, both in the cities and the regions. With […]
January ‘24 NZ Property Market Snapshot & Insights for Norfolk Mortgage Trust Clients
The beginning of 2024 has seen the New Zealand property market continue its journey of recovery, albeit at a gradual pace. For investors and clients of Norfolk Mortgage Trust (NMT), understanding these dynamics is crucial to making informed decisions about their investments. Drawing on the latest data from the QV House Price Index of January […]
December ‘23 NZ Property Market Snapshot & Insights into the 2024 Housing Market
December 2023 NZ Property Market Overview Welcome to the first update from Norfolk Mortgage Trust (NMT) for 2024, where we provide insights for our clients as part of our commitment to help you stay up to date with the dynamic world of property investment. Drawing from the most recent QV House Price Index for December […]
November 2023 NZ Property Market Update: Key Insights for Norfolk Mortgage Trust Clients
November 2023 NZ Property Market Overview As we approach the end of 2023, the New Zealand property market continues its trajectory of steady recovery. Norfolk Mortgage Trust remains committed to providing our clients with the latest insights and trends, crucial for informed investment decisions. This update delves into the most recent data from the QV […]