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House prices

[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
251
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
71
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
59
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
24
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
62
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
46
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
149
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
16
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
102
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
71
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
78
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
111
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
123
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
10
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
13
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
37
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
64
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
119
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
38
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
[updated]
Reserve Bank Governor says the central bank is sorry that New Zealanders are being buffeted by significant shocks and inflation is above target; inflation is no one’s friend and causes economic costs
24th Nov 22, 8:56am
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Reserve Bank Governor says the central bank is sorry that New Zealanders are being buffeted by significant shocks and inflation is above target; inflation is no one’s friend and causes economic costs
Reserve Bank increases its projection of how far house prices will fall and says the lower prices and higher interest rates 'are assumed to result in a sustained slowing in household spending, as households feel less wealthy'
23rd Nov 22, 3:41pm
55
Reserve Bank increases its projection of how far house prices will fall and says the lower prices and higher interest rates 'are assumed to result in a sustained slowing in household spending, as households feel less wealthy'
The Reserve Bank’s going for broke. Hopefully we won’t be the ones going broke
23rd Nov 22, 2:14pm
32
The Reserve Bank’s going for broke. Hopefully we won’t be the ones going broke
Reserve Bank raises Official Cash Rate to a level not seen since 2008; now sees OCR peaking at 5.5% and holding there for a year; forecasting a RECESSION from mid-2023
23rd Nov 22, 2:10pm
301
Reserve Bank raises Official Cash Rate to a level not seen since 2008; now sees OCR peaking at 5.5% and holding there for a year; forecasting a RECESSION from mid-2023
A rise in house prices in October brought an end almost a year of steady declines but picking where they'll go from here is not for the faint-hearted
16th Nov 22, 9:40am
85
A rise in house prices in October brought an end almost a year of steady declines but picking where they'll go from here is not for the faint-hearted