House prices

Housing market to remain subdued this year before house price rises next year, Westpac economist Kelly Eckhold says

Housing market to remain subdued this year before house price rises next year, Westpac economist Kelly Eckhold says

Cotality says supply of housing has overtaken population growth in some parts of NZ, contributing to downward pressure on property values

Cotality says supply of housing has overtaken population growth in some parts of NZ, contributing to downward pressure on property values

Average asking prices on Trade Me Property declined by $41,100 over autumn/winter - Auckland asking prices down by $72,700

Average asking prices on Trade Me Property declined by $41,100 over autumn/winter - Auckland asking prices down by $72,700

Latest monthly RBNZ figures show that the preference for one-year fixed mortgages was consolidated in July, while the brief fling with floating rates is dying off

Latest monthly RBNZ figures show that the preference for one-year fixed mortgages was consolidated in July, while the brief fling with floating rates is dying off

Cotality says caution dominates the housing market, and it's 'unlikely people will be rushing out to bid up house prices aggressively over the rest of 2025'

Cotality says caution dominates the housing market, and it's 'unlikely people will be rushing out to bid up house prices aggressively over the rest of 2025'

A jump in new listings on Realestate.co.nz keeps total stock levels at an 11 year high at the start of spring

A jump in new listings on Realestate.co.nz keeps total stock levels at an 11 year high at the start of spring

ANZ economists expect the OCR to be cut to 2.5% by the end of the year but point to it going back up at some stage

ANZ economists expect the OCR to be cut to 2.5% by the end of the year but point to it going back up at some stage

First home buyers have benefited considerably from falling house prices and interest rates over the last few years

First home buyers have benefited considerably from falling house prices and interest rates over the last few years

Prime Minister Christopher Luxon says he 'personally' thinks the Reserve Bank should have been more aggressive with the Official Cash Rate

Prime Minister Christopher Luxon says he 'personally' thinks the Reserve Bank should have been more aggressive with the Official Cash Rate

Mike Jones says mortgage fixing behaviour now appears less sensitive to current relative pricing, and more focused on the risks and opportunities from the shape of the next interest rate cycle

Mike Jones says mortgage fixing behaviour now appears less sensitive to current relative pricing, and more focused on the risks and opportunities from the shape of the next interest rate cycle

House prices are languishing even as interest rates decline but sales volumes are holding up

House prices are languishing even as interest rates decline but sales volumes are holding up

The latest quarterly Household Expectations Survey for the Reserve Bank finds that households reckon the inflation rate will be 4.0% in a year and 3.0% in two years - probably encouraging news for the RBNZ ahead of the latest OCR review

The latest quarterly Household Expectations Survey for the Reserve Bank finds that households reckon the inflation rate will be 4.0% in a year and 3.0% in two years - probably encouraging news for the RBNZ ahead of the latest OCR review

REINZ says buyers in no rush to make a purchase as prices cool slightly in July and listings edge up

REINZ says buyers in no rush to make a purchase as prices cool slightly in July and listings edge up

More than one-in-six residential property sales in Auckland in Q2 was loss-making

More than one-in-six residential property sales in Auckland in Q2 was loss-making

Vendors may be becoming more realistic in their price expectations as asking prices slide on Trade Me Property

Vendors may be becoming more realistic in their price expectations as asking prices slide on Trade Me Property