Housing market
Just over a third of auctioned properties sold under the hammer, with 60% of selling prices below rating valuation
17th May 25, 6:00am
9
Just over a third of auctioned properties sold under the hammer, with 60% of selling prices below rating valuation
The amount of unsold housing stock on the market is worryingly high heading into winter
16th May 25, 10:29am
25
The amount of unsold housing stock on the market is worryingly high heading into winter
Housing sales and selling prices both edged lower in April, with REINZ saying buyers are being picky
15th May 25, 9:00am
43
Housing sales and selling prices both edged lower in April, with REINZ saying buyers are being picky
The percentage of residential properties being sold at a loss continues rising
15th May 25, 12:01am
10
The percentage of residential properties being sold at a loss continues rising
NZ's average dwelling value increased by just 0.1% in the three months to the end of April, Auckland values continue to decline
13th May 25, 5:00am
10
NZ's average dwelling value increased by just 0.1% in the three months to the end of April, Auckland values continue to decline
Although fewer properties were on offer at the latest auctions the overall sales rate was one of the best so far this year
10th May 25, 6:32am
10
Although fewer properties were on offer at the latest auctions the overall sales rate was one of the best so far this year
Latest monthly RBNZ figures show that in March one and two-year fixed mortgage terms were very much back in vogue, while far fewer customers went for floating terms
8th May 25, 3:40pm
Latest monthly RBNZ figures show that in March one and two-year fixed mortgage terms were very much back in vogue, while far fewer customers went for floating terms
BNZ chief economist Mike Jones says the majority of positive cash flow from falling mortgage rates is yet to filter through, but will do so over the coming 6-12 months; cautions again on 'going short'
8th May 25, 8:28am
6
BNZ chief economist Mike Jones says the majority of positive cash flow from falling mortgage rates is yet to filter through, but will do so over the coming 6-12 months; cautions again on 'going short'
Trade Me Property warns anyone selling a home will need to have realistic price expectations to achieve a sale
7th May 25, 9:46am
17
Trade Me Property warns anyone selling a home will need to have realistic price expectations to achieve a sale
Fewer properties on offer, fewer selling under the hammer
A mountain of unsold stock and falling asking prices do not bode well for the housing market over winter but buyers will be happy - vendors not so much
1st May 25, 10:43am
15
A mountain of unsold stock and falling asking prices do not bode well for the housing market over winter but buyers will be happy - vendors not so much
ANZ's economists see an upturn in house prices but expect it to be restrained by high volumes of houses for sale
30th Apr 25, 1:45pm
5
ANZ's economists see an upturn in house prices but expect it to be restrained by high volumes of houses for sale
Improvements in mortgage affordability for first home buyers ground to a halt in March as the market waits to see what happens next
29th Apr 25, 2:09pm
1
Improvements in mortgage affordability for first home buyers ground to a halt in March as the market waits to see what happens next
Less than a third sold under the hammer at the latest auctions during a three day week
26th Apr 25, 6:00am
9
Less than a third sold under the hammer at the latest auctions during a three day week
Although real estate agencies' commission revenue has improved substantially over the last two years, there's been very little long-term growth
24th Apr 25, 9:29am
15
Although real estate agencies' commission revenue has improved substantially over the last two years, there's been very little long-term growth