First home buyers
First home buyers' average estimated purchase price down about $10,000 to $20,000 year-on-year
30th Mar 24, 6:01am
59
First home buyers' average estimated purchase price down about $10,000 to $20,000 year-on-year
Latest mortgage figures from the Reserve Bank show that for February there was a seasonally-adjusted rise of 4% in borrowing, while the latest figures are up some 28% on the dire February 2023 figures
26th Mar 24, 3:54pm
39
Latest mortgage figures from the Reserve Bank show that for February there was a seasonally-adjusted rise of 4% in borrowing, while the latest figures are up some 28% on the dire February 2023 figures
Auckland, Tauranga, Kapiti Coast, Porirua and Queenstown are now unaffordable for typical first home buyers even if they have a 20% deposit
22nd Mar 24, 11:16am
129
Auckland, Tauranga, Kapiti Coast, Porirua and Queenstown are now unaffordable for typical first home buyers even if they have a 20% deposit
Average amount first home buyers are paying for a home dropped by almost $17,000 last month
29th Feb 24, 8:56am
47
Average amount first home buyers are paying for a home dropped by almost $17,000 last month
Latest mortgage figures from the Reserve Bank suggest first home buyers might have reached their limit in terms of market share, while investors might be showing some signs of life
28th Feb 24, 10:26am
14
Latest mortgage figures from the Reserve Bank suggest first home buyers might have reached their limit in terms of market share, while investors might be showing some signs of life
Lower house prices at the bottom of the market meant a significant improvement in affordability for first home buyers last month
23rd Feb 24, 9:30am
128
Lower house prices at the bottom of the market meant a significant improvement in affordability for first home buyers last month
Latest quarterly Reserve Bank figures show ahead of the likely introduction of debt to income restrictions in the middle of the year, new borrowers are currently well below the proposed lending limits to be imposed on banks
19th Feb 24, 11:03am
47
Latest quarterly Reserve Bank figures show ahead of the likely introduction of debt to income restrictions in the middle of the year, new borrowers are currently well below the proposed lending limits to be imposed on banks
[updated]
There are clear signs that the RBNZ’s 'heavy handed hikes' are inhibiting household demand, and hurting business, Kiwibank economists say
12th Feb 24, 12:22pm
36
There are clear signs that the RBNZ’s 'heavy handed hikes' are inhibiting household demand, and hurting business, Kiwibank economists say
David Hargreaves looks at the 'inevitable' discussion we are about to have as to whether it's still the right economic approach to just target low inflation at all costs
6th Feb 24, 6:00am
88
David Hargreaves looks at the 'inevitable' discussion we are about to have as to whether it's still the right economic approach to just target low inflation at all costs
Adrian Orr will give a keynote speech to a high-powered economic forum ahead of the Reserve Bank's first Official Cash Rate decision of the year
31st Jan 24, 2:27pm
33
Adrian Orr will give a keynote speech to a high-powered economic forum ahead of the Reserve Bank's first Official Cash Rate decision of the year
David Hargreaves dives back through from the start of detailed mortgage figures the Reserve Bank has now been producing for 9 years to show a picture of burgeoning first home buyer involvement and mostly shrinking investor participation
31st Jan 24, 11:44am
40
David Hargreaves dives back through from the start of detailed mortgage figures the Reserve Bank has now been producing for 9 years to show a picture of burgeoning first home buyer involvement and mostly shrinking investor participation
Latest RBNZ figures show first home buyers picked up over a quarter of the new mortgage monies advanced in December - although it was a slow month overall
30th Jan 24, 11:20am
14
Latest RBNZ figures show first home buyers picked up over a quarter of the new mortgage monies advanced in December - although it was a slow month overall
First home buyers neither better nor worse off in 2023 as the housing market remained as flat as a pancake
29th Jan 24, 6:00am
101
First home buyers neither better nor worse off in 2023 as the housing market remained as flat as a pancake
David Hargreaves wonders whether the belated introduction of debt-to-income ratio controls will be a case of better-late-than-never, or whether they've already missed the proverbial bus
24th Jan 24, 9:59am
43
David Hargreaves wonders whether the belated introduction of debt-to-income ratio controls will be a case of better-late-than-never, or whether they've already missed the proverbial bus
[updated]
RBNZ wants to loosen loan-to-value ratio restrictions and introduce debt-to-income restrictions on banks' home lending
23rd Jan 24, 10:19am
156
RBNZ wants to loosen loan-to-value ratio restrictions and introduce debt-to-income restrictions on banks' home lending
ANZ economists don't believe the RBNZ will give warning of when it is going to cut the Official Cash Rate and that it will be a case of 'deny-deny-deny-cut' to avoid premature easing in financial conditions
18th Jan 24, 4:08pm
31
ANZ economists don't believe the RBNZ will give warning of when it is going to cut the Official Cash Rate and that it will be a case of 'deny-deny-deny-cut' to avoid premature easing in financial conditions
The Reserve Bank's chief economist will be speaking on economic developments a month before the first scheduled OCR announcement for the year in a move clearly aimed at guiding the markets after December's shock GDP fall
16th Jan 24, 9:54am
59
The Reserve Bank's chief economist will be speaking on economic developments a month before the first scheduled OCR announcement for the year in a move clearly aimed at guiding the markets after December's shock GDP fall
ASB economists assess the key risks in the year ahead - there's plenty
First home buyers were better off by $2 a week in November as the market drifted sideways
19th Dec 23, 1:06pm
81
First home buyers were better off by $2 a week in November as the market drifted sideways
ASB chief economist Nick Tuffley says it now looks more likely the Official Cash Rate will be cut in the second half of next year - rather than in 2025
18th Dec 23, 2:28pm
59
ASB chief economist Nick Tuffley says it now looks more likely the Official Cash Rate will be cut in the second half of next year - rather than in 2025
Reserve Bank now says 'there may be value in waiting' before removing LVRs, or just easing the restrictions rather than removing them altogether
12th Dec 23, 11:28am
26
Reserve Bank now says 'there may be value in waiting' before removing LVRs, or just easing the restrictions rather than removing them altogether
Westpac economists say we should expect the Reserve Bank to be unforgiving of any shocks that boost the growth and inflation outlook over the next year. Also, the RBNZ will likely be less willing to pre-emptively ease, as markets seem to currently expect
4th Dec 23, 12:15pm
24
Westpac economists say we should expect the Reserve Bank to be unforgiving of any shocks that boost the growth and inflation outlook over the next year. Also, the RBNZ will likely be less willing to pre-emptively ease, as markets seem to currently expect
First home buyers remain active but are staying cautious on price
Latest RBNZ figures show first home buyers remain active in the market, while the long sleeping investors may just be showing signs of stirring
27th Nov 23, 12:01pm
18
Latest RBNZ figures show first home buyers remain active in the market, while the long sleeping investors may just be showing signs of stirring
First home buyers will have trouble finding their happy place if they are on average incomes
25th Nov 23, 6:00am
169
First home buyers will have trouble finding their happy place if they are on average incomes