Mortgage News July 12, 2020
NZ House Price Records

New Zealand house prices hit a new record in February, with the market completely unaware of the pandemic to come. According to figures from the Real Estate Institute of New Zealand (REINZ), prices increased $80,000 nationally over the year, from $560,000 in 2019 to $640,000 in February 2020. Seven regions saw record prices, and New Zealanders were very confident that house prices were going to keep rising. While property prices and confidence will both struggle to some degree, real estate will be more immune to COVID-19 than many other sectors of the economy.


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Getting your home Ready for Isolation

The coronavirus pandemic is in full flight, with social distancing and isolation fast becoming the new normal. With new limits placed on social gatherings everyday and public spaces turning into ghost towns, living and working at home is the new reality for a growing number of people. Despite selfish behaviour at supermarkets, getting your home ready for isolation is about more than filling your pantry. Let's take a look at some practical advice to help you survive COVID-19 and do your bit to stop the transmission of this terrible disease.


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NZ & Global Markets Face Huge Losses

The coronavirus continues to have a tumultuous effect on global markets, and New Zealand is certainly not immune. Global markets have experienced their worst losses since 1987, with an automatic shut-off triggered multiple times on Wall Street due to almost unprecedented falls and volatility. Billions of dollars have been wiped off the New Zealand sharemarket on multiple days, intermingled with frantic recoveries and lots of guesswork about how to proceed.


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The Rise of Female Sport

Over the last decade, we have seen a tremendous rise in the popularity of women's sport around the world. Highlighted recently in Melbourne with the popularity of the Women's Cricket World Cup and AFLW competitions, women's sport is very much on an upwards trajectory. Almost 50% of women are interested in sport, more people are tuning in to watch women's sport, and more girls and women are playing sport than ever before.


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Age is no Barrier to Fitness

Age is no barrier to fitness, or at least it doesn't have to be. While sedentary behaviours continue to have a negative effect on health outcomes around the world, some older people are taking a proactive approach. As the global population ages, mature people are taking a renewed interest in sport, fitness, and personal wellbeing. Whether it's social fitness classes dedicated to older people or at-home exercise routines inspired by ageing social media stars, being fit and healthy is not limited to the young. 


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> In This Issue...
1. NZ House Price Records
2. Getting your home Ready for Isolation
3. NZ & Global Markets Face Huge Losses
4. The Rise of Female Sport
5. Age is no Barrier to Fitness

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