Housing market
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
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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
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Latest Reserve Bank figures show net credit growth in the March quarter was the slowest since the third quarter of 2020
The flow-on effects of Reserve Bank policies have effectively thrown first home buyers under the bus
28th Apr 22, 1:49pm
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The flow-on effects of Reserve Bank policies have effectively thrown first home buyers under the bus
CoreLogic says the key drivers for housing market slowdown are 'fundamental and longer-lasting'
27th Apr 22, 5:00am
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CoreLogic says the key drivers for housing market slowdown are 'fundamental and longer-lasting'
The country's banks see potential falls in house prices and inflationary pressures as factors that will continue to dampen demand for mortgages. Tighter lending standards will remain
26th Apr 22, 1:56pm
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The country's banks see potential falls in house prices and inflationary pressures as factors that will continue to dampen demand for mortgages. Tighter lending standards will remain
More properties being passed in at the Canterbury auctions, suggesting the cooling market is now nationwide
26th Apr 22, 11:35am
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More properties being passed in at the Canterbury auctions, suggesting the cooling market is now nationwide
March quarter total estimated residential sales commissions down by almost a quarter compared to a year ago
24th Apr 22, 6:00am
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March quarter total estimated residential sales commissions down by almost a quarter compared to a year ago
Around a third of properties selling under the hammer overall at auctions around New Zealand
20th Apr 22, 10:42am
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Around a third of properties selling under the hammer overall at auctions around New Zealand
ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year
19th Apr 22, 2:44pm
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ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year
RBNZ Governor says the central bank needs to 'retain anti-inflation bias in everything we do' to prevent inflation expectations becoming 'baked in' to price setting
19th Apr 22, 9:51am
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RBNZ Governor says the central bank needs to 'retain anti-inflation bias in everything we do' to prevent inflation expectations becoming 'baked in' to price setting
The REINZ House Price Index is already down 7.8% from last year's peak in Auckland and Wellington
15th Apr 22, 8:40am
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The REINZ House Price Index is already down 7.8% from last year's peak in Auckland and Wellington
Housing market could be heading for a long cold winter with March sales at a 10-year low for the month and prices falling in most parts of NZ
14th Apr 22, 9:03am
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Housing market could be heading for a long cold winter with March sales at a 10-year low for the month and prices falling in most parts of NZ
David Hargreaves says the RBNZ needed to send a message to the markets that rampant inflation is its sole priority at the moment; an approach that is made possible by the - for now - buoyant state of the labour market
13th Apr 22, 2:12pm
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David Hargreaves says the RBNZ needed to send a message to the markets that rampant inflation is its sole priority at the moment; an approach that is made possible by the - for now - buoyant state of the labour market
Residential auction activity has flattened out over the last few weeks
ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates
11th Apr 22, 2:21pm
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ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates
Biggest quarterly decline in more than a decade for Quotable Value's House Price Index
8th Apr 22, 5:00am
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Biggest quarterly decline in more than a decade for Quotable Value's House Price Index
Research done for the Retirement Commission appears to indicate that withdrawals to buy homes have had a big impact on retirement savings of young New Zealanders
6th Apr 22, 2:41pm
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Research done for the Retirement Commission appears to indicate that withdrawals to buy homes have had a big impact on retirement savings of young New Zealanders
Around a quarter of properties selling under the hammer at Auckland auctions, almost two-thirds in Central Otago-Lakes
6th Apr 22, 9:51am
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Around a quarter of properties selling under the hammer at Auckland auctions, almost two-thirds in Central Otago-Lakes
CoreLogic says housing market shifting in favour of buyers as average values start to slide around much of NZ
5th Apr 22, 5:00am
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CoreLogic says housing market shifting in favour of buyers as average values start to slide around much of NZ
ASB economists sticking with their pick of 25 basis point hikes at each of the next two RBNZ rate review, but concede the odds 'aren't much better than a coinflip at this point in proceedings'
4th Apr 22, 2:53pm
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ASB economists sticking with their pick of 25 basis point hikes at each of the next two RBNZ rate review, but concede the odds 'aren't much better than a coinflip at this point in proceedings'
Stock levels up on Realestate.co.nz, average asking price down
Latest Reserve Bank figures show slowing mortgage growth, but business lending is growing at its fastest rate since before the pandemic
31st Mar 22, 4:00pm
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Latest Reserve Bank figures show slowing mortgage growth, but business lending is growing at its fastest rate since before the pandemic
Auction sales rate drops away particularly quickly in the Bay of Plenty
Independent global economic researcher Capital Economics says some countries' housing markets look vulnerable to 'even a modest rise' in interest rates - and the New Zealand market is pinpointed as one for particular concern
28th Mar 22, 9:58am
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Independent global economic researcher Capital Economics says some countries' housing markets look vulnerable to 'even a modest rise' in interest rates - and the New Zealand market is pinpointed as one for particular concern
Reserve Bank figures show February mortgage borrowing rose strongly from January's figures, but first home buyers are getting a smaller share of the lending
24th Mar 22, 3:57pm
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Reserve Bank figures show February mortgage borrowing rose strongly from January's figures, but first home buyers are getting a smaller share of the lending