House prices
Latest real estate figures suggest the gap between asking prices and selling prices is starting to reduce
17th Jun 23, 9:10am
155
Latest real estate figures suggest the gap between asking prices and selling prices is starting to reduce
REINZ figures show the lowest May sales since 2011 apart from 2020 lockdown - prices continue to decline
15th Jun 23, 9:00am
201
REINZ figures show the lowest May sales since 2011 apart from 2020 lockdown - prices continue to decline
New Zealand's average dwelling value dropped another $13,571 last month with values in Queenstown-lakes falling more than $18k
13th Jun 23, 5:00am
85
New Zealand's average dwelling value dropped another $13,571 last month with values in Queenstown-lakes falling more than $18k
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
108
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
Barfoot & Thompson's selling prices slide with May sales volumes sinking to a 15 year low, excluding lockdown months
2nd Jun 23, 11:04am
92
Barfoot & Thompson's selling prices slide with May sales volumes sinking to a 15 year low, excluding lockdown months
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
12
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
The Reserve Bank may have just ensured it won't become the meat in the political sandwich during the forthcoming election campaign
31st May 23, 7:52am
49
The Reserve Bank may have just ensured it won't become the meat in the political sandwich during the forthcoming election campaign
Auckland MP Simon O’Connor says he successfully lobbied for the bipartisan MDRS policy to be 'walked back'
30th May 23, 6:19pm
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Auckland MP Simon O’Connor says he successfully lobbied for the bipartisan MDRS policy to be 'walked back'
ASB economists rue the whiplash derived from last week's big 'dovish' shift by the Reserve Bank, while Westpac economists still see a further Official Cash Rate hike in August and ANZ economists expect one in November
29th May 23, 1:55pm
18
ASB economists rue the whiplash derived from last week's big 'dovish' shift by the Reserve Bank, while Westpac economists still see a further Official Cash Rate hike in August and ANZ economists expect one in November
Banks to be allowed to do a bit more high LVR lending from June 1, RBNZ says
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
44
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
[updated]
Reserve Bank raises interest rates as expected but throws in a major surprise by indicating this will be the last rise
24th May 23, 2:11pm
150
Reserve Bank raises interest rates as expected but throws in a major surprise by indicating this will be the last rise
More pain and less gain in the housing market as more homes sell at a loss, says CoreLogic
24th May 23, 1:00am
122
More pain and less gain in the housing market as more homes sell at a loss, says CoreLogic
A survey for the Reserve Bank shows that households think inflation is going to actually rise in the short term and still be 4.5% in two years' time
22nd May 23, 3:41pm
42
A survey for the Reserve Bank shows that households think inflation is going to actually rise in the short term and still be 4.5% in two years' time
About 13,000 recent home buyers could now be facing negative equity
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
131
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
Treasury forecasts NZ will avoid recession, sees unemployment rising, inflation back in RBNZ target range by late 2024 & house prices falling 21.3%
18th May 23, 2:08pm
5
Treasury forecasts NZ will avoid recession, sees unemployment rising, inflation back in RBNZ target range by late 2024 & house prices falling 21.3%
BNZ economists say the Reserve Bank's next move is likely to be heavily influenced by its assumptions of the supply and demand impacts of a net migration inflow that is 'much stronger than anyone believed'
17th May 23, 12:05pm
65
BNZ economists say the Reserve Bank's next move is likely to be heavily influenced by its assumptions of the supply and demand impacts of a net migration inflow that is 'much stronger than anyone believed'
Surging inbound migration seen adding demand to the New Zealand economy, with Westpac economists now forecasting a net gain of 100,000 migrants this year
16th May 23, 5:00am
148
Surging inbound migration seen adding demand to the New Zealand economy, with Westpac economists now forecasting a net gain of 100,000 migrants this year
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
87
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
Upper Hutt and Franklin in south Auckland had the biggest house price falls last month
12th May 23, 11:14am
41
Upper Hutt and Franklin in south Auckland had the biggest house price falls last month
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
140
David Hargreaves looks at some issues that need tackling ahead of the next housing boom, because yes, there will be another
April a disastrous month for the housing market with lowest sales volumes, excluding 2020, in more than 31 years
11th May 23, 9:03am
193
April a disastrous month for the housing market with lowest sales volumes, excluding 2020, in more than 31 years
Westpac NZ CEO Catherine McGrath tells home buyers who bought for the long-term at house price peaks to hang in there
9th May 23, 11:16am
46
Westpac NZ CEO Catherine McGrath tells home buyers who bought for the long-term at house price peaks to hang in there