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First home buyers

ANZ economists are still forecasting another Official Cash Rate hike next year and say domestic inflation is still sky high, and yet to capitulate, while 'a lot still needs to go right' for the OCR to not need to eventually go higher
7th Nov 23, 1:40pm
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ANZ economists are still forecasting another Official Cash Rate hike next year and say domestic inflation is still sky high, and yet to capitulate, while 'a lot still needs to go right' for the OCR to not need to eventually go higher
Just as the Reserve Bank appears to be turning the inflation battle in its favour, here comes the double trouble of rampant immigration and a refreshed housing market
5th Nov 23, 6:00am
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Just as the Reserve Bank appears to be turning the inflation battle in its favour, here comes the double trouble of rampant immigration and a refreshed housing market
Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
31st Oct 23, 4:26pm
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Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
First home buyers made up 37% of housing purchases in September
30th Oct 23, 2:40pm
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First home buyers made up 37% of housing purchases in September
Latest RBNZ figures show New Zealanders' interest bill on mortgages topped $4.6 billion in the September quarter, putting us on target to pay well north of $17 billion to the banks in mortgage interest for the full 2023 year
26th Oct 23, 3:26pm
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Latest RBNZ figures show New Zealanders' interest bill on mortgages topped $4.6 billion in the September quarter, putting us on target to pay well north of $17 billion to the banks in mortgage interest for the full 2023 year
Banks are telling the Reserve Bank 'a more significant increase' in investor demand for residential mortgages may occur in the next six months if interest deductibility on rental properties is reintroduced
24th Oct 23, 12:16pm
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Banks are telling the Reserve Bank 'a more significant increase' in investor demand for residential mortgages may occur in the next six months if interest deductibility on rental properties is reintroduced
Interest.co.nz's Home Loan Affordability Reports suggest first home buyers have been poorly served by both Labour and National-led governments
19th Oct 23, 9:11am
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Interest.co.nz's Home Loan Affordability Reports suggest first home buyers have been poorly served by both Labour and National-led governments
She was 'appalled' he was reappointed without an independent review, so how will likely incoming Finance Minister Nicola Willis get on with RBNZ Governor Adrian Orr?
17th Oct 23, 2:14pm
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She was 'appalled' he was reappointed without an independent review, so how will likely incoming Finance Minister Nicola Willis get on with RBNZ Governor Adrian Orr?
Latest RBNZ figures show while overall non-performing loans climbed in August, household mortgage stress didn't get any worse
3rd Oct 23, 8:14am
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Latest RBNZ figures show while overall non-performing loans climbed in August, household mortgage stress didn't get any worse
The average prices being paid by first home buyers have declined slightly over winter
28th Sep 23, 8:17am
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The average prices being paid by first home buyers have declined slightly over winter
Latest Reserve Bank figures show that mortgage money advanced last month rose by over 8% on a seasonally-adjusted basis
27th Sep 23, 8:46am
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Latest Reserve Bank figures show that mortgage money advanced last month rose by over 8% on a seasonally-adjusted basis
ANZ economists have raised their forecast of house price growth and now see a 4% rise for the second half of this year
25th Sep 23, 2:36pm
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ANZ economists have raised their forecast of house price growth and now see a 4% rise for the second half of this year
BNZ chief economist estimates the average annual expense associated with buying the median NZ home currently exceeds the cost of renting by just over $38,000 a year
19th Sep 23, 11:46am
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BNZ chief economist estimates the average annual expense associated with buying the median NZ home currently exceeds the cost of renting by just over $38,000 a year
First home buyers received little relief last month as further mortgage rate rises offset the benefit of slightly cheaper house prices
18th Sep 23, 2:35pm
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First home buyers received little relief last month as further mortgage rate rises offset the benefit of slightly cheaper house prices
David Hargreaves has a look at the housing market's prospects in the wake of some strong Auckland monthly sales figures and ahead of a pivotal (for the housing market) election
7th Sep 23, 9:00am
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David Hargreaves has a look at the housing market's prospects in the wake of some strong Auckland monthly sales figures and ahead of a pivotal (for the housing market) election
BNZ economists had expected continued improvement in housing affordability but now say any improvement next year will be 'glacial' and affordability will start to deteriorate again in 2025
5th Sep 23, 9:52am
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BNZ economists had expected continued improvement in housing affordability but now say any improvement next year will be 'glacial' and affordability will start to deteriorate again in 2025
Latest RBNZ figures show that specific mortgage loan impairments rose 12.1% in the past month, while total non-performing mortgage loans were up 5.6%
31st Aug 23, 4:12pm
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Latest RBNZ figures show that specific mortgage loan impairments rose 12.1% in the past month, while total non-performing mortgage loans were up 5.6%
'While there are risks on both sides of our house price forecast, we think the near-term skew is to the upside'
29th Aug 23, 2:50pm
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'While there are risks on both sides of our house price forecast, we think the near-term skew is to the upside'
The number of people choosing to 'top-up' their home mortgage is running at fewer than half the number of two years ago
28th Aug 23, 12:36pm
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The number of people choosing to 'top-up' their home mortgage is running at fewer than half the number of two years ago
Latest Reserve Bank figures show mortgage money advanced last month dipped below $5 billion - the lowest level for a July month since 2017
24th Aug 23, 3:48pm
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Latest Reserve Bank figures show mortgage money advanced last month dipped below $5 billion - the lowest level for a July month since 2017
Reserve Bank changes its forecasts and now expects house prices to rise from the current quarter, with annual prices showing an increase by March next year
16th Aug 23, 3:50pm
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Reserve Bank changes its forecasts and now expects house prices to rise from the current quarter, with annual prices showing an increase by March next year
Latest quarterly Reserve Bank figures show that the country's new first home buyer borrowers have just started to stretch themselves a little further again
16th Aug 23, 8:44am
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Latest quarterly Reserve Bank figures show that the country's new first home buyer borrowers have just started to stretch themselves a little further again
David Hargreaves examines financial statistics for the first six months of the year showing money being 'sucked out' of consumers' pockets both through higher mortgage and deposit rates
2nd Aug 23, 9:11am
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David Hargreaves examines financial statistics for the first six months of the year showing money being 'sucked out' of consumers' pockets both through higher mortgage and deposit rates
Latest Reserve Bank figures show the total of officially 'impaired' housing loans has now surpassed the peak of the sharp, but brief rise during the pandemic in 2020
1st Aug 23, 1:44pm
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Latest Reserve Bank figures show the total of officially 'impaired' housing loans has now surpassed the peak of the sharp, but brief rise during the pandemic in 2020
Latest RBNZ lending figures show the total stock of mortgage borrowing has hit $350 billion for the first time, while the nearly $1.2 billion growth in the 'mortgage pile' last month was the most since November last year
31st Jul 23, 3:59pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing has hit $350 billion for the first time, while the nearly $1.2 billion growth in the 'mortgage pile' last month was the most since November last year