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House prices

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
Latest REINZ housing market data suggest 'momentum is building and that is likely to continue throughout the spring', economists say
14th Sep 23, 11:58am
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Latest REINZ housing market data suggest 'momentum is building and that is likely to continue throughout the spring', economists say
[updated]
The national median house price dropped slightly last month, but sales lifted, days to sell decreased, and both Auckland and Wellington saw month-on-month rises in median prices; ANZ economists say market has 'convincingly turned a corner'
13th Sep 23, 9:00am
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The national median house price dropped slightly last month, but sales lifted, days to sell decreased, and both Auckland and Wellington saw month-on-month rises in median prices; ANZ economists say market has 'convincingly turned a corner'
How much did Chinese investors drive up Sydney home prices? It’s less than you might think
11th Sep 23, 1:58pm
by Guest
12
How much did Chinese investors drive up Sydney home prices? It’s less than you might think
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
24
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
Realestate.co.nz hopeful spring will provide some signs of life in the housing market
1st Sep 23, 10:19am
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Realestate.co.nz hopeful spring will provide some signs of life in the housing market
CoreLogic says national house values nudged 0.2% lower in August, with the three-month change 'also easing' to a 1.8% fall. The average property is now worth $905,466, which is 13.2% below the peak level
1st Sep 23, 1:00am
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CoreLogic says national house values nudged 0.2% lower in August, with the three-month change 'also easing' to a 1.8% fall. The average property is now worth $905,466, which is 13.2% below the peak level
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
62
'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
29
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
26
Latest Reserve Bank figures show mortgage money advanced last month dipped below $5 billion - the lowest level for a July month since 2017
Ongoing rises in mortgage interest rates gazumped rising incomes and drooping house prices for first home buyers last month
21st Aug 23, 1:31pm
99
Ongoing rises in mortgage interest rates gazumped rising incomes and drooping house prices for first home buyers last month
The gap between the price vendors expect to receive for their properties and the price buyers are prepared to pay continues to narrow
18th Aug 23, 10:29am
90
The gap between the price vendors expect to receive for their properties and the price buyers are prepared to pay continues to narrow
Kiwis' mean and median wealth per adult suffers annual fall, according to the Credit Suisse-UBS Global Wealth Report
17th Aug 23, 12:46pm
36
Kiwis' mean and median wealth per adult suffers annual fall, according to the Credit Suisse-UBS Global Wealth Report
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
65
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
Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time
16th Aug 23, 2:18pm
99
Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time
A ban on foreign homebuyers could be changed under a National-led government, while Labour warns any change could be irreversible
16th Aug 23, 12:11pm
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A ban on foreign homebuyers could be changed under a National-led government, while Labour warns any change could be irreversible
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
25
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
[updated]
A survey for the Reserve Bank shows that households think inflation is going to be NEARLY back in the RBNZ's 1% to 3% target range in two years' time, while house prices will rise next year and continue to rise
15th Aug 23, 3:43pm
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A survey for the Reserve Bank shows that households think inflation is going to be NEARLY back in the RBNZ's 1% to 3% target range in two years' time, while house prices will rise next year and continue to rise
Not a lot of movement in the housing market in July, with sales volumes low, the median price down slightly and the HPI up slightly
15th Aug 23, 9:00am
134
Not a lot of movement in the housing market in July, with sales volumes low, the median price down slightly and the HPI up slightly
ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise
10th Aug 23, 10:09am
3
ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise
CoreLogic says the proportion of residential properties being sold at a loss is on the rise
10th Aug 23, 12:01am
171
CoreLogic says the proportion of residential properties being sold at a loss is on the rise
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
28
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
The average value of NZ homes dropped $3643 in July with Queenstown values down $44,416
2nd Aug 23, 1:00am
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The average value of NZ homes dropped $3643 in July with Queenstown values down $44,416
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