Housing market
RBNZ research shows higher population growth & larger drops in mortgage rates in NZ than most comparable countries, and the biggest rise in house prices
1st Jul 22, 8:03am
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RBNZ research shows higher population growth & larger drops in mortgage rates in NZ than most comparable countries, and the biggest rise in house prices
RBNZ chief economist Paul Conway says there are reasons to think that some of the core market fundamentals that determine sustainable house prices may also be changing
30th Jun 22, 12:04pm
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RBNZ chief economist Paul Conway says there are reasons to think that some of the core market fundamentals that determine sustainable house prices may also be changing
Latest Reserve Bank figures show that while first home buyers are hanging tough, May saw the lowest total number of mortgages approved for a May - barring the pandemic affected May 2020 month
28th Jun 22, 3:28pm
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Latest Reserve Bank figures show that while first home buyers are hanging tough, May saw the lowest total number of mortgages approved for a May - barring the pandemic affected May 2020 month
ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'
27th Jun 22, 2:34pm
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ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'
Infometrics says millennial first home buyers are signing up for a lifetime of debt and are likely to be much worse off than the baby boomers
23rd Jun 22, 5:00am
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Infometrics says millennial first home buyers are signing up for a lifetime of debt and are likely to be much worse off than the baby boomers
As the world faces the prospect of recession, David Hargreaves sifts through the events of the past two years in an attempt to put things in perspective
21st Jun 22, 1:33pm
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As the world faces the prospect of recession, David Hargreaves sifts through the events of the past two years in an attempt to put things in perspective
ANZ economists have changed their call and now see the Reserve Bank making another two double-jumps in the OCR at the next two reviews; not ruling out 75 point hike in July
20th Jun 22, 12:13pm
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ANZ economists have changed their call and now see the Reserve Bank making another two double-jumps in the OCR at the next two reviews; not ruling out 75 point hike in July
Independent global economic researcher Capital Economics is now picking house price falls in New Zealand, Australia, Canada, Sweden, the UK and Norway; flat prices in US
14th Jun 22, 2:12pm
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Independent global economic researcher Capital Economics is now picking house price falls in New Zealand, Australia, Canada, Sweden, the UK and Norway; flat prices in US
Sales rate at residential property auctions increased to 31% from 27% over the last few weeks
14th Jun 22, 12:08pm
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Sales rate at residential property auctions increased to 31% from 27% over the last few weeks
Average asking prices on Trade Me Property declining in all regions while the number of listings skyrockets
14th Jun 22, 10:14am
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Average asking prices on Trade Me Property declining in all regions while the number of listings skyrockets
Forget about FOMO, FOOP now rules the roost as housing market cools rapidly
QV House Price Index shows average dwelling values are now declining in almost every part of the country
9th Jun 22, 5:00am
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QV House Price Index shows average dwelling values are now declining in almost every part of the country
'The surprise, if anything, is that they [house price expectations] didn't fall further,' says ASB
3rd Jun 22, 10:32am
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'The surprise, if anything, is that they [house price expectations] didn't fall further,' says ASB
David Hargreaves looks at curious developments in the way the paths of potential interest rate rises are crossing the paths of potential inflation - and causing very real mortgage pain
3rd Jun 22, 8:30am
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David Hargreaves looks at curious developments in the way the paths of potential interest rate rises are crossing the paths of potential inflation - and causing very real mortgage pain
The highest auction sales rates were recorded in Rodney and Waikato last week
2nd Jun 22, 11:45am
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The highest auction sales rates were recorded in Rodney and Waikato last week
Slump in housing sales pushes stock levels up 77% compared to this time last year
1st Jun 22, 11:07am
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Slump in housing sales pushes stock levels up 77% compared to this time last year
CoreLogic House Price Index shows decline in housing values that began in Auckland is now spreading around New Zealand
1st Jun 22, 5:00am
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CoreLogic House Price Index shows decline in housing values that began in Auckland is now spreading around New Zealand
Latest RBNZ lending figures show business borrowing growth is rising as housing borrowing growth is slowing
31st May 22, 3:31pm
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Latest RBNZ lending figures show business borrowing growth is rising as housing borrowing growth is slowing
New dwelling consents declined 30% in April compared to March
Independent global economic researcher Capital Economics is forecasting a 75-point reduction in the OCR in the second half of 2023 as house prices hit the bottom of the RBNZ's 'sustainable' range
31st May 22, 11:20am
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Independent global economic researcher Capital Economics is forecasting a 75-point reduction in the OCR in the second half of 2023 as house prices hit the bottom of the RBNZ's 'sustainable' range
ANZ expects the OCR to peak at 3.5% in February next year and house prices to fall 11% this year
31st May 22, 9:32am
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ANZ expects the OCR to peak at 3.5% in February next year and house prices to fall 11% this year
Latest Reserve Bank figures show the average-sized new mortgage hit a new record high of over $400,000 in April - while far fewer people were scrambling to borrow
26th May 22, 2:06pm
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Latest Reserve Bank figures show the average-sized new mortgage hit a new record high of over $400,000 in April - while far fewer people were scrambling to borrow
RBNZ Governor takes heart from NZ's full employment levels as the country braces itself for higher interest rates
26th May 22, 12:29pm
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RBNZ Governor takes heart from NZ's full employment levels as the country braces itself for higher interest rates
Sales rates at the latest auctions ranged from zero in Waikato to 51% in Canterbury
24th May 22, 10:12am
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Sales rates at the latest auctions ranged from zero in Waikato to 51% in Canterbury
Kiwibank economists see mortgage rates ranging as high as 7.5% even though they don't see the OCR going as high as currently forecast
23rd May 22, 3:03pm
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Kiwibank economists see mortgage rates ranging as high as 7.5% even though they don't see the OCR going as high as currently forecast