sign up log in
Want to go ad-free? Find out how, here.

House prices

We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead
2nd Nov 22, 8:06am
37
We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead
Reserve Bank sees potential for more risk to banks & property owners from river & surface water flooding than coastal flooding
1st Nov 22, 11:37am
45
Reserve Bank sees potential for more risk to banks & property owners from river & surface water flooding than coastal flooding
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 5.7% in the year to September, which compares with double digit growth seen at the same time a year ago
31st Oct 22, 3:44pm
8
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 5.7% in the year to September, which compares with double digit growth seen at the same time a year ago
RBNZ figures show that the amount advanced for mortgages in September was the lowest this year so far apart from January, while the amount charged in interest during the quarter climbed to over $3 billion for the first time since 2017
27th Oct 22, 3:38pm
15
RBNZ figures show that the amount advanced for mortgages in September was the lowest this year so far apart from January, while the amount charged in interest during the quarter climbed to over $3 billion for the first time since 2017
Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries
27th Oct 22, 10:21am
43
Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries
ANZ warns 'this is going to hurt' as it revises interest rate forecast higher
26th Oct 22, 3:51pm
23
ANZ warns 'this is going to hurt' as it revises interest rate forecast higher
Independent economic researchers see global economy next year meeting the 'old' IMF description of a recession, while NZ's economy WILL tip into recession; house prices here down 25%
26th Oct 22, 10:38am
36
Independent economic researchers see global economy next year meeting the 'old' IMF description of a recession, while NZ's economy WILL tip into recession; house prices here down 25%
Reserve Bank chief economist Paul Conway says 'tradeable', or imported, inflation has been 'our friend' in recent decades, but this era could be coming to an end
25th Oct 22, 2:55pm
43
Reserve Bank chief economist Paul Conway says 'tradeable', or imported, inflation has been 'our friend' in recent decades, but this era could be coming to an end
The position of aspiring first home buyers has deteriorated substantially over the last three years
23rd Oct 22, 6:00am
234
The position of aspiring first home buyers has deteriorated substantially over the last three years
David Hargreaves says that as the Reserve Bank prepares for its last interest rate review of the year next month its credibility is facing a massive test
19th Oct 22, 2:01pm
64
David Hargreaves says that as the Reserve Bank prepares for its last interest rate review of the year next month its credibility is facing a massive test
ASB economists say there is likely 'more upside' to wholesale interest rates, while the odds of an economic 'soft landing' are shrinking
17th Oct 22, 2:23pm
110
ASB economists say there is likely 'more upside' to wholesale interest rates, while the odds of an economic 'soft landing' are shrinking
NZ Bankers' Association figures show that as of June only a little over 1% of those with a mortgage were behind with their payments - a percentage that's actually dropped in the past six months
13th Oct 22, 2:03pm
20
NZ Bankers' Association figures show that as of June only a little over 1% of those with a mortgage were behind with their payments - a percentage that's actually dropped in the past six months
David Hargreaves sees increasing signs the Reserve Bank will have to either raise the Official Cash Rate by more than it wants to - or concede some ground to inflation
13th Oct 22, 7:48am
65
David Hargreaves sees increasing signs the Reserve Bank will have to either raise the Official Cash Rate by more than it wants to - or concede some ground to inflation
[updated]
House prices continuing to slide with the REINZ's House Price Index now down 12.6% from its peak, -17.3% in Auckland, -19.8% in Wellington
12th Oct 22, 9:00am
256
House prices continuing to slide with the REINZ's House Price Index now down 12.6% from its peak, -17.3% in Auckland, -19.8% in Wellington
Ross Stitt assesses the factors contributing to the Reserve Bank of Australia's decision to increase its cash rate by less than expected
7th Oct 22, 7:45am
17
Ross Stitt assesses the factors contributing to the Reserve Bank of Australia's decision to increase its cash rate by less than expected
David Hargreaves tries to get a sense of where we are in the battle with inflation - and how much more the Reserve Bank might need to do
6th Oct 22, 1:12pm
70
David Hargreaves tries to get a sense of where we are in the battle with inflation - and how much more the Reserve Bank might need to do
Average dwelling values down by more than $100,000 in many parts of NZ with Auckland & Wellington hardest hit
6th Oct 22, 10:12am
167
Average dwelling values down by more than $100,000 in many parts of NZ with Auckland & Wellington hardest hit
Barfoot & Thompson's median selling price down $176,000 from November 2021 peak
5th Oct 22, 10:31am
107
Barfoot & Thompson's median selling price down $176,000 from November 2021 peak
Slight lift in new listings of homes for sale in September but total stock numbers remain very high suggesting the market could be sluggish for some time
3rd Oct 22, 10:22am
87
Slight lift in new listings of homes for sale in September but total stock numbers remain very high suggesting the market could be sluggish for some time
ANZ economists 'don't see any good reasons why the housing market might suddenly turn a corner'
29th Sep 22, 5:00am
125
ANZ economists 'don't see any good reasons why the housing market might suddenly turn a corner'
First home buyers becoming less likely to face negative equity due to slightly lower prices and a big decline in low equity mortgages
28th Sep 22, 11:52am
54
First home buyers becoming less likely to face negative equity due to slightly lower prices and a big decline in low equity mortgages
RBNZ figures show that first home buyers took 20.8% of the mortgage money advanced last month - the highest share since this data began being compiled in 2013
27th Sep 22, 3:29pm
17
RBNZ figures show that first home buyers took 20.8% of the mortgage money advanced last month - the highest share since this data began being compiled in 2013
New NZCTU strategy paper also calls for creation of a new Kiwisaver provider
27th Sep 22, 8:48am
9
New NZCTU strategy paper also calls for creation of a new Kiwisaver provider
First home buyers in Northland, Wellington, Nelson/Marlborough and Otago have benefitted the most from falling house prices
25th Sep 22, 6:00am
72
First home buyers in Northland, Wellington, Nelson/Marlborough and Otago have benefitted the most from falling house prices
Ross Stitt casts an eye over the Australian housing market amid the suggestion the downturn is accelerating
22nd Sep 22, 6:55am
38
Ross Stitt casts an eye over the Australian housing market amid the suggestion the downturn is accelerating