Housing market
CoreLogic HPI shows average dwelling values are rising but the pace of growth is slowing
1st Feb 24, 12:01am
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CoreLogic HPI shows average dwelling values are rising but the pace of growth is slowing
ANZ's economists pick house prices to remain flat in the first half of this year and then rise by 2% in the second half
31st Jan 24, 7:21am
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ANZ's economists pick house prices to remain flat in the first half of this year and then rise by 2% in the second half
More than 16,000 homes sold to buyers in New Zealand on residence visas last year
30th Jan 24, 1:35pm
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More than 16,000 homes sold to buyers in New Zealand on residence visas last year
The overall sales rate has been 41% at the early auctions held so far this year
27th Jan 24, 7:02am
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The overall sales rate has been 41% at the early auctions held so far this year
Reserve Bank finally convinces politicians to support debt-to-income restrictions for home loan borrowers after years of lobbying
25th Jan 24, 4:12pm
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Reserve Bank finally convinces politicians to support debt-to-income restrictions for home loan borrowers after years of lobbying
David Hargreaves wonders whether the belated introduction of debt-to-income ratio controls will be a case of better-late-than-never, or whether they've already missed the proverbial bus
24th Jan 24, 9:59am
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David Hargreaves wonders whether the belated introduction of debt-to-income ratio controls will be a case of better-late-than-never, or whether they've already missed the proverbial bus
Auction numbers increased last year but the sales rate declined
The Auckland market led house prices down in December
Latest Reserve Bank figures indicate that New Zealand's home owner-occupiers appear to be betting that interest rates will start coming down again sooner rather than later
17th Jan 24, 11:05am
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Latest Reserve Bank figures indicate that New Zealand's home owner-occupiers appear to be betting that interest rates will start coming down again sooner rather than later
Last year was like a game of snakes and ladders for the housing market
Apart from the April 2020 lockdown, December brought the lowest month on record for new listings. Central Otago/Lakes District hits highest average asking price on record for any region – just shy of $1.6 million
11th Jan 24, 5:00am
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Apart from the April 2020 lockdown, December brought the lowest month on record for new listings. Central Otago/Lakes District hits highest average asking price on record for any region – just shy of $1.6 million
The final week of residential auctions was busier than is usual for the week before Christmas, but the sales rate stayed low as did the prices achieved
23rd Dec 23, 6:00am
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The final week of residential auctions was busier than is usual for the week before Christmas, but the sales rate stayed low as did the prices achieved
The average value of NZ homes increased 2.3% over the three months to the end of November
19th Dec 23, 5:00am
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The average value of NZ homes increased 2.3% over the three months to the end of November
Sales rate at the latest auctions dropped to just under a third
House buyers are likely to have plenty to choose from when they come back from their Xmas break
15th Dec 23, 8:15am
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House buyers are likely to have plenty to choose from when they come back from their Xmas break
November's residential property sales were the second-lowest for the month in 12 years
13th Dec 23, 9:00am
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November's residential property sales were the second-lowest for the month in 12 years
Reserve Bank now says 'there may be value in waiting' before removing LVRs, or just easing the restrictions rather than removing them altogether
12th Dec 23, 11:28am
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Reserve Bank now says 'there may be value in waiting' before removing LVRs, or just easing the restrictions rather than removing them altogether
Overall sales rate at the latest residential property auctions steady at 40%
More properties being auctioned but it's getting harder to achieve a sale under the hammer
9th Dec 23, 8:45am
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More properties being auctioned but it's getting harder to achieve a sale under the hammer
Latest Reserve Bank figures show 18 month fixed term mortgages are suddenly seeing increased popularity, while one-year terms are becoming less popular
5th Dec 23, 3:49pm
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Latest Reserve Bank figures show 18 month fixed term mortgages are suddenly seeing increased popularity, while one-year terms are becoming less popular
Big rush of properties being auctioned as we head towards Christmas
New listings up, total stock up more and asking prices down on Realestate.co.nz
1st Dec 23, 11:31am
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New listings up, total stock up more and asking prices down on Realestate.co.nz
Queenstown-Lakes has the highest average dwelling value in the country at $1.73m, Buller the lowest at $342,000
1st Dec 23, 1:00am
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Queenstown-Lakes has the highest average dwelling value in the country at $1.73m, Buller the lowest at $342,000
First home buyers remain active but are staying cautious on price
ANZ Property Focus Report says housing market is weak, revises house price expectations down
28th Nov 23, 10:28am
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ANZ Property Focus Report says housing market is weak, revises house price expectations down