House prices
Barfoot & Thompson's median selling price edges above $1m for the first time in seven months
7th Nov 23, 10:25am
48
Barfoot & Thompson's median selling price edges above $1m for the first time in seven months
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
133
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
[updated]
Latest Reserve Bank Financial Stability Report says if economic conditions deteriorate by more than projected the lending stress could be more severe
1st Nov 23, 9:09am
82
Latest Reserve Bank Financial Stability Report says if economic conditions deteriorate by more than projected the lending stress could be more severe
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
6
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
BNZ chief economist Mike Jones says the currently wide cost gap between building and buying a house should reduce, but much of this is expected to come via higher house prices
30th Oct 23, 1:50pm
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BNZ chief economist Mike Jones says the currently wide cost gap between building and buying a house should reduce, but much of this is expected to come via higher house prices
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
39
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
53
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
Vendors with more realistic price expectations are making it easier to close the gap between asking and selling prices
24th Oct 23, 11:25am
85
Vendors with more realistic price expectations are making it easier to close the gap between asking and selling prices
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
79
Interest.co.nz's Home Loan Affordability Reports suggest first home buyers have been poorly served by both Labour and National-led governments
More economists are seeing a likelihood that the Reserve Bank will not start cutting the Official Cash Rate till 2025
9th Oct 23, 2:36pm
15
More economists are seeing a likelihood that the Reserve Bank will not start cutting the Official Cash Rate till 2025
Some economists think a National-led government would be more inflationary than Labour
4th Oct 23, 7:02pm
53
Some economists think a National-led government would be more inflationary than Labour
Independent economic researchers Capital Economics say it is 'increasingly clear' monetary policy tightening is doing its work and the rate-hiking cycle is already over, with cuts coming next year
4th Oct 23, 11:21am
48
Independent economic researchers Capital Economics say it is 'increasingly clear' monetary policy tightening is doing its work and the rate-hiking cycle is already over, with cuts coming next year
Economists are cheered by signs the Reserve Bank's monetary tightening is getting traction but caution that inflationary pressures are still strong
3rd Oct 23, 2:01pm
59
Economists are cheered by signs the Reserve Bank's monetary tightening is getting traction but caution that inflationary pressures are still strong
Barfoot & Thompson's average selling price dropped by almost $30,000 in September while the median price increased by $4500
3rd Oct 23, 10:35am
53
Barfoot & Thompson's average selling price dropped by almost $30,000 in September while the median price increased by $4500
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
48
Latest RBNZ figures show while overall non-performing loans climbed in August, household mortgage stress didn't get any worse
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
50
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
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
77
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
135
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
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
84
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
31
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%
