Housing market
Fewer properties on offer at auctions around the country, just over a third sell under the hammer
7th Jun 25, 6:00am
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Fewer properties on offer at auctions around the country, just over a third sell under the hammer
Latest monthly RBNZ figures show that in April those taking up new mortgages had a clear split between two strategies - with some prepared to wait for further OCR cuts while others were happier to fix for longer terms
5th Jun 25, 3:53pm
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Latest monthly RBNZ figures show that in April those taking up new mortgages had a clear split between two strategies - with some prepared to wait for further OCR cuts while others were happier to fix for longer terms
Anyone expecting notable increases in property values as we push further into 2025 continues to be disappointed, Cotality says
5th Jun 25, 6:42am
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Anyone expecting notable increases in property values as we push further into 2025 continues to be disappointed, Cotality says
Latest monthly RBNZ figures show a substantial move to longer fixed term mortgages is happening, while, separately, investors are slowly taking more of an interest in the market
4th Jun 25, 2:00pm
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Latest monthly RBNZ figures show a substantial move to longer fixed term mortgages is happening, while, separately, investors are slowly taking more of an interest in the market
House buyers still have the upper hand with stock for sale at an 11 year high
Little change in the sales rate but prices appeared a bit softer at the latest housing auctions
31st May 25, 6:50am
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Little change in the sales rate but prices appeared a bit softer at the latest housing auctions
ANZ Property Focus Report says ample supply of homes for sale is keeping a lid on prices - expects mortgage rates to bottom out around the end of the year
29th May 25, 2:57pm
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ANZ Property Focus Report says ample supply of homes for sale is keeping a lid on prices - expects mortgage rates to bottom out around the end of the year
Just over a third of auctioned properties sold under the hammer, with 60% of selling prices below rating valuation
17th May 25, 6:00am
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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
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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
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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
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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
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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
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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
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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'