Housing market

Housing market makes weak start to 2026 with sales volumes and prices both softer in January

Housing market makes weak start to 2026 with sales volumes and prices both softer in January

Fewer properties being offered at auction compared to November/December but the sales rate is holding up

Fewer properties being offered at auction compared to November/December but the sales rate is holding up

Labour finance spokesperson Barbara Edmonds discusses economic leadership, retirement and focusing on 'growth that makes life better for everyone' at the New Zealand Economics Forum

Labour finance spokesperson Barbara Edmonds discusses economic leadership, retirement and focusing on 'growth that makes life better for everyone' at the New Zealand Economics Forum

In their forthcoming first economic outlook for the year, Westpac's economists now think there will be SIX hikes of the OCR during next year as the current excess capacity in the economy is swallowed up more quickly than earlier expected

In their forthcoming first economic outlook for the year, Westpac's economists now think there will be SIX hikes of the OCR during next year as the current excess capacity in the economy is swallowed up more quickly than earlier expected

Even as banks start to raise mortgage rates again, the yields on outstanding mortgages are continuing to drop, albeit slowly

Even as banks start to raise mortgage rates again, the yields on outstanding mortgages are continuing to drop, albeit slowly

BNZ economists think the Reserve Bank will start to raise interest rates in the third quarter of this year but won't want to signpost that yet in its first Official Cash Rate review for the year next week

BNZ economists think the Reserve Bank will start to raise interest rates in the third quarter of this year but won't want to signpost that yet in its first Official Cash Rate review for the year next week

Big jump in the number of properties being auctioned but the sales rate was flat

Big jump in the number of properties being auctioned but the sales rate was flat

BNZ's Mike Jones says the cash flow release from mortgage repricing will remain a support for the economic recovery this year, albeit a dissipating one

BNZ's Mike Jones says the cash flow release from mortgage repricing will remain a support for the economic recovery this year, albeit a dissipating one

Home buyers continue to have plenty of choice and are taking their time as the market kicks into gear for 2026

Home buyers continue to have plenty of choice and are taking their time as the market kicks into gear for 2026

Auction room activity starts 2026 with a slightly higher sales rate than the 2025 average

Auction room activity starts 2026 with a slightly higher sales rate than the 2025 average

First home buyers helped by stagnant prices, plenty of stock to choose from and falling interest rates last year

First home buyers helped by stagnant prices, plenty of stock to choose from and falling interest rates last year

ANZ NZ cuts house price growth forecast citing a lack of near-term momentum in the market

ANZ NZ cuts house price growth forecast citing a lack of near-term momentum in the market

Estimated residential sales commission revenue up strongly for the second year in a row in 2025

Estimated residential sales commission revenue up strongly for the second year in a row in 2025

Plenty of stock for sale and a rising interest rate outlook should keep a lid on house prices over summer

Plenty of stock for sale and a rising interest rate outlook should keep a lid on house prices over summer

Average asking price of residential properties listed on Trade Me Property sank $82,500 in November and December - Auckland down $126,400, Gisborne takes a huge hit

Average asking price of residential properties listed on Trade Me Property sank $82,500 in November and December - Auckland down $126,400, Gisborne takes a huge hit