Real Estate
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
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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
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
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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
Barfoot & Thompson's median selling price down $240,000 from its November 2021 peak
2nd Feb 23, 10:38am
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Barfoot & Thompson's median selling price down $240,000 from its November 2021 peak
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
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
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
Latest housing rent figures suggest rental growth may be lower than the headline figures suggest
17th Dec 22, 9:42am
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Latest housing rent figures suggest rental growth may be lower than the headline figures suggest
Reasonably steady auction activity before the housing market calls it quits for 2022
17th Dec 22, 6:00am
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Reasonably steady auction activity before the housing market calls it quits for 2022
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
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
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
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QV figures show average value of New Zealand homes down by $118,000 since January
Just under a third sold under the hammer at last week's residential property auctions
12th Dec 22, 1:18pm
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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
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
The overall sales rate at Barfoot & Thompson's latest auctions dropped below 10%
3rd Dec 22, 6:24am
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The overall sales rate at Barfoot & Thompson's latest auctions dropped below 10%
The housing market is heading into summer with a big stockpile of unsold listings
1st Dec 22, 1:01pm
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The housing market is heading into summer with a big stockpile of unsold listings
Lower Hutt experiences NZ's biggest decline in average dwelling values, dropping almost 20% over the last 12 months
1st Dec 22, 1:00am
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Lower Hutt experiences NZ's biggest decline in average dwelling values, dropping almost 20% over the last 12 months
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