Quotable Value

QV says housing values becalmed as buyers remain cautious in the face of an oversupply of homes for sale

QV says housing values becalmed as buyers remain cautious in the face of an oversupply of homes for sale

Construction costs flatten out as weak demand keeps a lid on prices, QV says

Construction costs flatten out as weak demand keeps a lid on prices, QV says

QV sees some small value increases creeping into the housing market

QV sees some small value increases creeping into the housing market

QV says average housing values declined by just 0.3% last year with prices remaining 'relatively static'

QV says average housing values declined by just 0.3% last year with prices remaining 'relatively static'

'There's very little to suggest that house prices will suddenly take off any time soon,' says QV

'There's very little to suggest that house prices will suddenly take off any time soon,' says QV

Housing values bouncing along the bottom according to Quotable Value

Housing values bouncing along the bottom according to Quotable Value

'Green shoots of growth remain scarce' in housing market, QV says

'Green shoots of growth remain scarce' in housing market, QV says

'Spring has sprung and interest rates are coming down – but don’t expect to see house prices suddenly take off again soon'

'Spring has sprung and interest rates are coming down – but don’t expect to see house prices suddenly take off again soon'

Average dwelling values in Auckland down an average of almost $9000 a month for the last six months, QV says

Average dwelling values in Auckland down an average of almost $9000 a month for the last six months, QV says

QV says house hunters are going into hibernation as values continue to fall

QV says house hunters are going into hibernation as values continue to fall

QV says buyers spoilt for choice with nothing suggesting house prices will take off again soon as national average dwelling value falls

QV says buyers spoilt for choice with nothing suggesting house prices will take off again soon as national average dwelling value falls

Residential building cost inflation dropped to 1.8% in 12 months to May this year from 4.9% in the 12 months to December 2023

Residential building cost inflation dropped to 1.8% in 12 months to May this year from 4.9% in the 12 months to December 2023

High interest rates, a difficult economy and a surplus of listings spell trouble for the housing market over winter, says QV

High interest rates, a difficult economy and a surplus of listings spell trouble for the housing market over winter, says QV

Housing values declining slightly in Auckland, growth slowing in other major centres, QV says

Housing values declining slightly in Auckland, growth slowing in other major centres, QV says

New Zealand's average dwelling value increased by just $351 in February, Auckland's average value declined by $5391

New Zealand's average dwelling value increased by just $351 in February, Auckland's average value declined by $5391