First home buyers
Latest Reserve Bank figures show non-performing housing loans rose nearly 12% in May, climbing to levels last seen around eight years ago
3rd Jul 23, 1:40pm
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Latest Reserve Bank figures show non-performing housing loans rose nearly 12% in May, climbing to levels last seen around eight years ago
David Hargreaves tries to put some context around why first home buyers are getting a record share of the mortgage market even as house prices have been falling
30th Jun 23, 9:22am
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David Hargreaves tries to put some context around why first home buyers are getting a record share of the mortgage market even as house prices have been falling
First home buyers paying about $669,000 on average for a home and taking on a $556,000 mortgage
28th Jun 23, 11:02am
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First home buyers paying about $669,000 on average for a home and taking on a $556,000 mortgage
Reserve Bank figures show no sign yet of any upturn in the mortgage market, with May recording a drop in the amount borrowed compared with the previous month on a seasonally adjusted basis
27th Jun 23, 3:39pm
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Reserve Bank figures show no sign yet of any upturn in the mortgage market, with May recording a drop in the amount borrowed compared with the previous month on a seasonally adjusted basis
Kiwibank economists say all three key drivers of the housing market point to a stronger market and house price gains; Westpac economists say housing market one of the key things they will be watching
19th Jun 23, 1:53pm
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Kiwibank economists say all three key drivers of the housing market point to a stronger market and house price gains; Westpac economists say housing market one of the key things they will be watching
BNZ economists say if they are right about the housing market having bottomed then prices will be levelling out around 20% above pre-pandemic levels
7th Jun 23, 10:51am
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BNZ economists say if they are right about the housing market having bottomed then prices will be levelling out around 20% above pre-pandemic levels
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 3.2% over the past 12 months, which is the slowest rate of annual growth since late 2012
31st May 23, 3:55pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 3.2% over the past 12 months, which is the slowest rate of annual growth since late 2012
Annual lending at SBS Bank's Finance Now surges, with car loans leading the way
31st May 23, 9:48am
Annual lending at SBS Bank's Finance Now surges, with car loans leading the way
There are early signs that first home buyer activity could be starting to stabilise
29th May 23, 11:17am
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There are early signs that first home buyer activity could be starting to stabilise
Reserve Bank figures show the near-moribund mortgage market is being propped up by first-timers as April lending figures continue to reflect the sagging house prices
25th May 23, 12:08pm
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Reserve Bank figures show the near-moribund mortgage market is being propped up by first-timers as April lending figures continue to reflect the sagging house prices
The Reserve Bank is now indicating it thinks the falls in house prices will slow during this year and will be about finished by the start of next year
24th May 23, 4:11pm
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The Reserve Bank is now indicating it thinks the falls in house prices will slow during this year and will be about finished by the start of next year
About 13,000 recent home buyers could now be facing negative equity
Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans
20th May 23, 9:17am
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Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans
Latest RBNZ figures show NZ's new mortgage borrowers stretching themselves much less than has been seen in recent years in regards to the amount of debt they're taking on relative to income
19th May 23, 7:44am
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Latest RBNZ figures show NZ's new mortgage borrowers stretching themselves much less than has been seen in recent years in regards to the amount of debt they're taking on relative to income
First home buyers benefit from rising incomes in a stalled property market - but only slightly
17th May 23, 12:01pm
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First home buyers benefit from rising incomes in a stalled property market - but only slightly
ANZ economists say latest sales figures are consistent with a housing market that's nearing a turn, while the increased demand for housing from migration is likely to put upward pressure on prices
15th May 23, 10:55am
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ANZ economists say latest sales figures are consistent with a housing market that's nearing a turn, while the increased demand for housing from migration is likely to put upward pressure on prices
Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
13th May 23, 10:01am
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Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
David Hargreaves looks at some issues that need tackling ahead of the next housing boom, because yes, there will be another
12th May 23, 5:00am
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David Hargreaves looks at some issues that need tackling ahead of the next housing boom, because yes, there will be another
ANZ NZ boss runs through a range of options for struggling home loan borrowers before the 'last resort' of a mortgagee sale
8th May 23, 1:49pm
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ANZ NZ boss runs through a range of options for struggling home loan borrowers before the 'last resort' of a mortgagee sale
Reserve Bank concedes that about 25% of outstanding mortgages were stress-tested by banks at lower interest rates than prevail now
4th May 23, 11:54am
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Reserve Bank concedes that about 25% of outstanding mortgages were stress-tested by banks at lower interest rates than prevail now
Reserve Bank says about a quarter of the current outstanding mortgage stock was taken out during the peak of the housing boom in 2020-21 - with a fifth of this taken by first home buyers
2nd May 23, 11:12am
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Reserve Bank says about a quarter of the current outstanding mortgage stock was taken out during the peak of the housing boom in 2020-21 - with a fifth of this taken by first home buyers
March sales to first home buyers up 7.7% compared to March last year. Prices higher, mortgages bigger than pre-Covid
29th Apr 23, 5:00am
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March sales to first home buyers up 7.7% compared to March last year. Prices higher, mortgages bigger than pre-Covid
Rising wages are moderating the effect of rising interest rates on first home buyers
28th Apr 23, 5:00am
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Rising wages are moderating the effect of rising interest rates on first home buyers
[updated]
RBNZ says the risks to financial stability posed by high-LVR lending have reduced to a level where the current restrictions may be unnecessarily reducing efficiency
26th Apr 23, 9:20am
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RBNZ says the risks to financial stability posed by high-LVR lending have reduced to a level where the current restrictions may be unnecessarily reducing efficiency
The country's banks are telling the Reserve Bank that borrower sentiment 'will likely tend towards more caution' due to the fast-changing housing market conditions
24th Apr 23, 12:06pm
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The country's banks are telling the Reserve Bank that borrower sentiment 'will likely tend towards more caution' due to the fast-changing housing market conditions