Housing market
The peak summer real estate sales season finished on a 12-year low
Fewer properties being auctioned, less than a third selling under the hammer
15th Apr 23, 6:00am
123
Fewer properties being auctioned, less than a third selling under the hammer
Fewer properties on offer at the latest auctions with exactly a third selling under the hammer
8th Apr 23, 6:00am
30
Fewer properties on offer at the latest auctions with exactly a third selling under the hammer
Average dwelling values in Auckland down by almost $200,000 in last 12 months, Wellington values down almost $300,000
5th Apr 23, 5:00am
64
Average dwelling values in Auckland down by almost $200,000 in last 12 months, Wellington values down almost $300,000
A mountain of homes for sale and falling asking prices suggest the housing market could be in for a savage winter
3rd Apr 23, 5:32am
151
A mountain of homes for sale and falling asking prices suggest the housing market could be in for a savage winter
More properties on offer at the latest auctions but the sales rate is steady at a third
1st Apr 23, 7:25am
104
More properties on offer at the latest auctions but the sales rate is steady at a third
First home buyers are paying less for their homes and taking out smaller mortgages
31st Mar 23, 11:55am
39
First home buyers are paying less for their homes and taking out smaller mortgages
Fewer properties being offered at auction as autumn takes hold but sales rate steady
25th Mar 23, 6:42am
57
Fewer properties being offered at auction as autumn takes hold but sales rate steady
Apartment market in Auckland CBD in full recovery mode as overseas students return, with vacancy rates back to pre-pandemic levels and rents rising
24th Mar 23, 12:00pm
28
Apartment market in Auckland CBD in full recovery mode as overseas students return, with vacancy rates back to pre-pandemic levels and rents rising
Worst housing sales volume slump in 40 years as CoreLogic records the lowest February sales since 1981
23rd Mar 23, 12:01am
114
Worst housing sales volume slump in 40 years as CoreLogic records the lowest February sales since 1981
Auction activity has dipped for two weeks in a row but the sales rate is steady at just over a third
18th Mar 23, 6:00am
61
Auction activity has dipped for two weeks in a row but the sales rate is steady at just over a third
Dramatic slide in house prices affecting both Auckland's most expensive and cheapest suburbs
15th Mar 23, 11:16am
155
Dramatic slide in house prices affecting both Auckland's most expensive and cheapest suburbs
Housing sales down, prices down, listings down, stock levels up as properties sit on the market unsold
14th Mar 23, 9:01am
178
Housing sales down, prices down, listings down, stock levels up as properties sit on the market unsold
Auction prices appear strongest in Christchurch, weakest in central Auckland
11th Mar 23, 9:00am
111
Auction prices appear strongest in Christchurch, weakest in central Auckland
The decline in property values is gathering pace according to the latest QV figures
9th Mar 23, 5:00am
151
The decline in property values is gathering pace according to the latest QV figures
Auction rooms reasonably busy given the state of the market but buyers remain cautious
4th Mar 23, 6:40am
36
Auction rooms reasonably busy given the state of the market but buyers remain cautious
Housing market awash with unsold properties at what should be its busiest time of the year
2nd Mar 23, 5:00am
124
Housing market awash with unsold properties at what should be its busiest time of the year
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years
28th Feb 23, 4:11pm
11
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years
Just over a third selling under the hammer looks like the new normal in the auction rooms
27th Feb 23, 10:54am
20
Just over a third selling under the hammer looks like the new normal in the auction rooms
The auction sale rate edged up slightly to 38% last week
Median house price declines over the past year are now being measured in hundreds of thousands of dollars in some places
15th Feb 23, 11:40am
97
Median house price declines over the past year are now being measured in hundreds of thousands of dollars in some places
Housing market outlook grim as sales slump to a record low and the number of homes for sale surges
14th Feb 23, 11:04am
122
Housing market outlook grim as sales slump to a record low and the number of homes for sale surges
The next major challenge the Reserve Bank faces is convincing everyone that once interest rates hit peak highs they won't start falling rapidly again
12th Feb 23, 6:00am
128
The next major challenge the Reserve Bank faces is convincing everyone that once interest rates hit peak highs they won't start falling rapidly again
More properties on offer and more sold under the hammer at the latest auctions
11th Feb 23, 6:00am
39
More properties on offer and more sold under the hammer at the latest auctions
Only a decade ago more than half the country's mortgages were on floating rates, now the amounts on floating rates has dwindled to record lows
9th Feb 23, 12:38pm
7
Only a decade ago more than half the country's mortgages were on floating rates, now the amounts on floating rates has dwindled to record lows