This fixed term tenancy early termination case shows how leaving early does not end rent obligations. The Tribunal ruled that rent continued until new tenants began their lease. It highlights why hardship must be unforeseeable to shorten a fixed term.

Staircase Mortgage Newsletter November 2025 Discover two big signals that show the New Zealand property market is entering it's recovery phase. Two Moonshots! One Real Market Shift This month marks not just a milestone for us at Staircase, but a tipping point for the entire New Zealand property market. First, the major banks are now offering up to 1.5% cash back on new mortgages, a headline level incentive rarely seen. Second, we’re thrilled to announce that Staircase has ju

ON THE MARKET – November 2025 Edition New Zealand’s housing market has now entered a genuine recovery phase with momentum gathering as cheaper credit, improved affordability, and easing lending rules Evidence Of The Recovery Taking Root: Confidence and Capital Return to Housing The latest October housing data confirms what Staircase clients have been seeing on the ground for months, the correction is over, and opportunity is re-emerging. New Zealand’s housing market has now e

ON THE MARKET – October 2025 Edition The NZ housing market recovery is just about to start, based on the data After three years of headwinds, New Zealand’s residential property market is finally firing on all cylinders. With the Official Cash Rate now cut to 2.5 percent, fixed mortgage rates down to 4.49% with the expectation of further cuts within the next 3-6 months (mortgage rates could fall to 4%), and the economy showing early signs of expansion, the next upswing has cle

New Zealand's housing market is showing clear signs of a turnaround After three years of softening values, New Zealand’s housing market is showing clear signs the worst is behind us. Media headlines have begun calling the “end of the slide” but beyond the headlines, what does the property cycle research tell us? Understanding the Property Cycle Cycles Always Repeat Extensive research into New Zealand property cycles spanning decades shows the same rhythm repeats: Boom → price

The NZ Economy is still in a recession, but this could be good news for property investors. GDP Data Confirms Recession Is Ongoing Stats NZ’s latest GDP figures have confirmed what most households and businesses have felt for some time: the New Zealand economy is still stuck in recession. According to the data, the economy shrank by 0.9% in the June quarter , not even remotely in line with expectations from the Reserve Bank and major bank economists who were forecasting a sm

It won't stay a buyers market forever says Cotality's Kelvin Davidson The “Crash” Framing Is Misleading Media headlines proclaiming a “full-blown crash” in the New Zealand housing market since 2022 sound alarming. However, what we’re witnessing is a cyclical correction from the unsustainable Covid-stimulus peak, not a structural collapse. While house prices have dropped between 13-20% nationally, this sits within normal market cycles historically observed in New Zealand’s pr