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House prices

Realestate.co.nz figures show stock levels up and asking prices down, warns many vendors still have unrealistic price expectations
1st Feb 23, 1:30pm
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Realestate.co.nz figures show stock levels up and asking prices down, warns many vendors still have unrealistic price expectations
Property values continuing their downward slide at the start of 2023, CoreLogic says
1st Feb 23, 1:00am
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Property values continuing their downward slide at the start of 2023, CoreLogic says
RBNZ figures show first home buyers might possibly be hitting the limits of their seemingly boundless enthusiasm, while investors may have just stirred slightly
31st Jan 23, 10:50am
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RBNZ figures show first home buyers might possibly be hitting the limits of their seemingly boundless enthusiasm, while investors may have just stirred slightly
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
26th Jan 23, 9:59am
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Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
QV says home values fell nationally by an average of 10.3% last year - which was the largest drop in more than 15 years, but the market has not reached the bottom yet
20th Jan 23, 5:00am
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QV says home values fell nationally by an average of 10.3% last year - which was the largest drop in more than 15 years, but the market has not reached the bottom yet
[updated]
REINZ says December's sales plummeted nationally to the lowest in years at 4,336; national median price slipped over 12% for the year. In Auckland the fall was 18%. In Wellington 20%. House prices now down around 15% from November 2021 peak
18th Jan 23, 9:00am
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REINZ says December's sales plummeted nationally to the lowest in years at 4,336; national median price slipped over 12% for the year. In Auckland the fall was 18%. In Wellington 20%. House prices now down around 15% from November 2021 peak
According to the latest RBNZ data, the value of our houses fell the most-ever in Q3-2022, extending the 2022 retreat. But we are still a long way from winding back the outrageous gains that began in 2020
14th Jan 23, 9:55am
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According to the latest RBNZ data, the value of our houses fell the most-ever in Q3-2022, extending the 2022 retreat. But we are still a long way from winding back the outrageous gains that began in 2020
The fall in house prices since 2021's peak has helped first home buyers but rising interest rates mean home ownership is still a struggle for those on average wages
16th Dec 22, 10:28am
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The fall in house prices since 2021's peak has helped first home buyers but rising interest rates mean home ownership is still a struggle for those on average wages
Harbour Asset Management's Hamish Pepper & Chris Di Leva look at the Top 10 risks and opportunities for 2023
16th Dec 22, 9:27am
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Harbour Asset Management's Hamish Pepper & Chris Di Leva look at the Top 10 risks and opportunities for 2023
RBNZ Deputy Governor Christian Hawkesby says the only impact from higher interest rates so far is falling house prices and a cooling construction pipeline
14th Dec 22, 4:42pm
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RBNZ Deputy Governor Christian Hawkesby says the only impact from higher interest rates so far is falling house prices and a cooling construction pipeline
Reserve Bank Governor says our banks need to take a long term view on their customer base 'because it is a lifetime of earnings they get off each customer'
14th Dec 22, 2:33pm
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Reserve Bank Governor says our banks need to take a long term view on their customer base 'because it is a lifetime of earnings they get off each customer'
House price erosion now widespread and likely to be a feature of the market for some time
14th Dec 22, 10:03am
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House price erosion now widespread and likely to be a feature of the market for some time
Forsyth Barr research analysts see five 'potential positive macro inflections' for a recovery in the second half of next year; namely — inflation, interest rates, GDP, house prices, and government
13th Dec 22, 9:51am
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Forsyth Barr research analysts see five 'potential positive macro inflections' for a recovery in the second half of next year; namely — inflation, interest rates, GDP, house prices, and government
Not a very merry Christmas for the real estate industry as sales sink to a 12 year low, prices tumble and inventory soars
13th Dec 22, 9:07am
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Not a very merry Christmas for the real estate industry as sales sink to a 12 year low, prices tumble and inventory soars
QV figures show average value of New Zealand homes down by $118,000 since January
13th Dec 22, 5:00am
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QV figures show average value of New Zealand homes down by $118,000 since January
Despite significant falls, NZ houses are expensive relative to incomes
10th Dec 22, 10:18am
by Guest
158
Despite significant falls, NZ houses are expensive relative to incomes
Kiwibank economists say the RBNZ is 'doggedly determined to deliver' OCR hikes and it is 'likely to be too much'; see bigger house price falls now, of 21%, taking prices back to 2020 levels
7th Dec 22, 8:08am
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Kiwibank economists say the RBNZ is 'doggedly determined to deliver' OCR hikes and it is 'likely to be too much'; see bigger house price falls now, of 21%, taking prices back to 2020 levels
House prices expected to resume their downward trajectory according to latest survey by Tony Alexander and REINZ
6th Dec 22, 9:56am
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House prices expected to resume their downward trajectory according to latest survey by Tony Alexander and REINZ
Barfoot & Thompson's sales at a 12 year low in November, stock at 11 year high
5th Dec 22, 10:39am
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Barfoot & Thompson's sales at a 12 year low in November, stock at 11 year high
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 5.2% in the year to October, which compares with double digit growth seen at the same time a year ago, and is the slowest rate of growth since 2015
30th Nov 22, 3:45pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 5.2% in the year to October, which compares with double digit growth seen at the same time a year ago, and is the slowest rate of growth since 2015
ANZ chief economist Sharon Zollner says 'good on' the Reserve Bank for recognising the scale of the inflation problem 'and fronting up to the fact that hoping inflation just goes away is likely to lead to worse outcomes in the end'
30th Nov 22, 2:56pm
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ANZ chief economist Sharon Zollner says 'good on' the Reserve Bank for recognising the scale of the inflation problem 'and fronting up to the fact that hoping inflation just goes away is likely to lead to worse outcomes in the end'
NZ has a long-running housing crisis, house prices have outstripped incomes since the early 2000s. But more than just housing supply and subsidies, we also need policies to make homes affordable and a long-term, apolitical programme for social housing
29th Nov 22, 2:07pm
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NZ has a long-running housing crisis, house prices have outstripped incomes since the early 2000s. But more than just housing supply and subsidies, we also need policies to make homes affordable and a long-term, apolitical programme for social housing
ANZ's economists now believe house prices will decline by 22% from last year's peak before bottoming out in the third quarter next year
29th Nov 22, 11:19am
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ANZ's economists now believe house prices will decline by 22% from last year's peak before bottoming out in the third quarter next year
Kiwibank economists believe the interest rate hikes that have already been delivered will have a huge impact on households and discretionary income will evaporate for many mortgagees
28th Nov 22, 1:57pm
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Kiwibank economists believe the interest rate hikes that have already been delivered will have a huge impact on households and discretionary income will evaporate for many mortgagees
RBNZ figures show first home buyers had their biggest share of the mortgage money advanced last month since the RBNZ started publishing the detailed information in 2014
24th Nov 22, 3:44pm
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RBNZ figures show first home buyers had their biggest share of the mortgage money advanced last month since the RBNZ started publishing the detailed information in 2014