Housing market
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
70
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
50
'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
134
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
13
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
65
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
71
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
3
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
172
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
49
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
44
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
35
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
72
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
128
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
QV says upmarket homes in central Auckland have declined in value by 3.4% since January but the decline in values at the bottom of the market has been greater
23rd May 22, 10:13am
65
QV says upmarket homes in central Auckland have declined in value by 3.4% since January but the decline in values at the bottom of the market has been greater
Canterbury remains the most buoyant auction market with just over half the auctioned properties selling under the hammer compared to 28% in Auckland
17th May 22, 11:44am
53
Canterbury remains the most buoyant auction market with just over half the auctioned properties selling under the hammer compared to 28% in Auckland
House prices now sinking throughout the country with Auckland, Rotorua, Hastings and Wellington leading the way
13th May 22, 9:43am
181
House prices now sinking throughout the country with Auckland, Rotorua, Hastings and Wellington leading the way
[updated]
Housing market could be in for a long cold winter with sales volumes and prices taking a hammering in April
12th May 22, 9:08am
171
Housing market could be in for a long cold winter with sales volumes and prices taking a hammering in April
About a quarter of auction properties selling under the hammer in Auckland, Waikato and BoP, just over half in Canterbury
10th May 22, 10:51am
19
About a quarter of auction properties selling under the hammer in Auckland, Waikato and BoP, just over half in Canterbury
House prices declining, listings rising, FOMO being replaced by FOOP - the latest survey by Tony Alexander and the REINZ is grim reading
6th May 22, 10:29am
194
House prices declining, listings rising, FOMO being replaced by FOOP - the latest survey by Tony Alexander and the REINZ is grim reading
CoreLogic says average housing values in Wellington and Dunedin have had their biggest decline since the Global Financial Crisis
3rd May 22, 6:00pm
66
CoreLogic says average housing values in Wellington and Dunedin have had their biggest decline since the Global Financial Crisis
Auction sales rate 20% in Auckland, 21% in Bay of Plenty, 41% in Canterbury
Realestate.co.nz says 'the tide is turning' on the housing market, with stock levels rising and asking prices falling
2nd May 22, 7:57am
154
Realestate.co.nz says 'the tide is turning' on the housing market, with stock levels rising and asking prices falling
Latest Reserve Bank figures show net credit growth in the March quarter was the slowest since the third quarter of 2020
28th Apr 22, 3:51pm
1
Latest Reserve Bank figures show net credit growth in the March quarter was the slowest since the third quarter of 2020