Commercial Lenders Demand Immediate Loan Repayments

Commercial property lenders are intensifying pressure on building owners as refinancing strains deepen across the sector. With interest rates elevated since 2022, the delinquency rate for office building loans reached a record high last month, signalling mounting stress in urban real estate markets. Refinancing

New Zealand Home Prices Ease

New Zealand’s housing market softened in January as seasonal patterns and severe weather curbed activity, according to data from the Real Estate Institute of New Zealand. The figures point to a modest monthly decline in prices alongside weaker sales volumes at the start of the year. Seasonally adjusted median house prices fell 1.2 per cent

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