Kelvin Davidson

Residential construction cost inflation was 2.7% in year to June, down from the 10.4% peak in 2022

Residential construction cost inflation was 2.7% in year to June, down from the 10.4% peak in 2022

Median dwelling values flat in Auckland and Wellington, up in Hamilton, Tauranga, Christchurch and Dunedin

Median dwelling values flat in Auckland and Wellington, up in Hamilton, Tauranga, Christchurch and Dunedin

The percentage of residential properties being sold at a loss continues rising

The percentage of residential properties being sold at a loss continues rising

Housing values dropping in Queenstown but on the up in most other areas

Housing values dropping in Queenstown but on the up in most other areas

TradeMe data suggests landlords are dropping rents to attract tenants but housing unaffordability remains at record levels in many cities and regions

TradeMe data suggests landlords are dropping rents to attract tenants but housing unaffordability remains at record levels in many cities and regions

Residential construction cost inflation back to near zero after several years of high cost growth

Residential construction cost inflation back to near zero after several years of high cost growth

National median dwelling value up two months in a row to $812,195 at the end of March

National median dwelling value up two months in a row to $812,195 at the end of March

CoreLogic says median value of NZ homes was $807,164 in February with values slowly rising around the country

CoreLogic says median value of NZ homes was $807,164 in February with values slowly rising around the country

CoreLogic House Value Index declined by just 0.07% nationally in January

CoreLogic House Value Index declined by just 0.07% nationally in January

The cost of building a standard three bedroom house rose just +1.1% in the 2024 year, down from 2023’s rise of +2.4% and well below the spike of +10.4% in 2022

The cost of building a standard three bedroom house rose just +1.1% in the 2024 year, down from 2023’s rise of +2.4% and well below the spike of +10.4% in 2022

CoreLogic says both Auckland and Wellington are still getting downward pressure on house prices although some regional centers are basically steady now. 2025 will have to deal with conflicting forces

CoreLogic says both Auckland and Wellington are still getting downward pressure on house prices although some regional centers are basically steady now. 2025 will have to deal with conflicting forces

Housing market in a holding pattern, CoreLogic says, with different factors pushing the market in opposite directions

Housing market in a holding pattern, CoreLogic says, with different factors pushing the market in opposite directions

Almost 13% of Auckland residential property sales in Q3 made a loss as buyers drive prices down

Almost 13% of Auckland residential property sales in Q3 made a loss as buyers drive prices down

Median dwelling values have now declined for eight consecutive months but the rate of decline is slowing

Median dwelling values have now declined for eight consecutive months but the rate of decline is slowing

CoreLogic says New Zealand's median dwelling value, down $40,000 since February, is still falling

CoreLogic says New Zealand's median dwelling value, down $40,000 since February, is still falling