Housing market
David Hargreaves has a trawl through some of the RBNZ's mortgage data to see how homeowners are reacting to rising rates a year and a half into a rising mortgage rate environment
9th Feb 23, 9:33am
37
David Hargreaves has a trawl through some of the RBNZ's mortgage data to see how homeowners are reacting to rising rates a year and a half into a rising mortgage rate environment
Residential auction activity off to a slow start for 2023 with three quarters of properties passed in
4th Feb 23, 7:00am
65
Residential auction activity off to a slow start for 2023 with three quarters of properties passed in
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
65
Realestate.co.nz figures show stock levels up and asking prices down, warns many vendors still have unrealistic price expectations
Migrants accounted for 11% of home purchases last year, 18% in Auckland
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
35
RBNZ figures show first home buyers might possibly be hitting the limits of their seemingly boundless enthusiasm, while investors may have just stirred slightly
David Hargreaves tries to make sense of a very quick beginning to the year, which means we are unlikely to be able to draw breath until the October election is over. Expect drama
24th Jan 23, 11:05am
51
David Hargreaves tries to make sense of a very quick beginning to the year, which means we are unlikely to be able to draw breath until the October election is over. Expect drama
Total real estate agency commissions estimated to be down by almost a third last year compared to 2021
24th Jan 23, 9:17am
64
Total real estate agency commissions estimated to be down by almost a third last year compared to 2021
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
148
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
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
David Hargreaves has a quick check on the temperature of the economy with a recap of where we left off in 2022 as we now look towards what appears likely to be a very fast start to things financial in 2023
16th Jan 23, 11:43am
60
David Hargreaves has a quick check on the temperature of the economy with a recap of where we left off in 2022 as we now look towards what appears likely to be a very fast start to things financial in 2023
Reasonably steady auction activity before the housing market calls it quits for 2022
17th Dec 22, 6:00am
72
Reasonably steady auction activity before the housing market calls it quits for 2022
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
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
Just under a third sold under the hammer at last week's residential property auctions
12th Dec 22, 1:18pm
47
Just under a third sold under the hammer at last week's residential property auctions
Sales rate bounces up to 29% overall at Barfoot & Thompson's latest auctions
Auction sales rate drops to 17% in Auckland and 26% across New Zealand
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
David Hargreaves continues to highlight some of the issues he’s looking out for in 2023 and says that while he hates elections, he concedes that next year's one will be crucial
4th Dec 22, 6:00am
242
David Hargreaves continues to highlight some of the issues he’s looking out for in 2023 and says that while he hates elections, he concedes that next year's one will be crucial
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
First home buyers proving more resilient than might be expected in the face of rising interest rates
No significant drop in the average amount first home buyers are borrowing or paying for a home
28th Nov 22, 12:27pm
84
No significant drop in the average amount first home buyers are borrowing or paying for a home
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
Just over a third sold under the hammer at the latest residential property auctions
23rd Nov 22, 9:46am
54
Just over a third sold under the hammer at the latest residential property auctions
Housing sales are low for the time of year but the national median price edged up in October
15th Nov 22, 9:00am
154
Housing sales are low for the time of year but the national median price edged up in October
Latest auction figures suggest a comparatively quiet residential property market over summer
14th Nov 22, 12:04pm
7
Latest auction figures suggest a comparatively quiet residential property market over summer