Housing market
The sales rate at residential auctions has settled around 50%, prices look reasonably steady
4th Jul 20, 8:59am
147
The sales rate at residential auctions has settled around 50%, prices look reasonably steady
Two-thirds of real estate agents think house prices will fall, a quarter think they'll fall by more than 10%
3rd Jul 20, 11:52am
131
Two-thirds of real estate agents think house prices will fall, a quarter think they'll fall by more than 10%
June listings on Realestate.co.nz were up 20% compared to June last year while asking prices were sliding
1st Jul 20, 5:02am
146
June listings on Realestate.co.nz were up 20% compared to June last year while asking prices were sliding
New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year
30th Jun 20, 3:28pm
33
New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year
Consistent sales rates around 50% being achieved at residential property auctions
26th Jun 20, 5:00am
78
Consistent sales rates around 50% being achieved at residential property auctions
The REINZ national median selling price dropped from $680,000 in April to $620,000 in May
15th Jun 20, 9:57am
239
The REINZ national median selling price dropped from $680,000 in April to $620,000 in May
Although the number of properties being auctioned is still increasing the rate of growth is slowing as the market starts returning to normal
12th Jun 20, 11:23am
42
Although the number of properties being auctioned is still increasing the rate of growth is slowing as the market starts returning to normal
With a likely move to the near-normality of level 1 soon, crunch time is approaching for the economy, the jobs market and the housing market
4th Jun 20, 11:57am
143
With a likely move to the near-normality of level 1 soon, crunch time is approaching for the economy, the jobs market and the housing market
QV says housing values have already come down from recent highs but it will be several months before we see the full effect of the COVID-19 pandemic on prices
3rd Jun 20, 5:02am
167
QV says housing values have already come down from recent highs but it will be several months before we see the full effect of the COVID-19 pandemic on prices
New listings on realestate.co.nz bounced back strongly in May but the national average asking price fell sharply
2nd Jun 20, 10:19am
128
New listings on realestate.co.nz bounced back strongly in May but the national average asking price fell sharply
The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April
29th May 20, 5:57pm
41
The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April
Although auction numbers are still well down on where they were at this time last year, the sales ratio is higher
28th May 20, 11:22am
93
Although auction numbers are still well down on where they were at this time last year, the sales ratio is higher
Figures produced by the RBNZ suggest that house price falls in excess of 20% would start to produce large numbers of people in negative equity
27th May 20, 11:34am
156
Figures produced by the RBNZ suggest that house price falls in excess of 20% would start to produce large numbers of people in negative equity
Westpac report says residential construction activity likely to fall 20% next year, commercial construction to be down 15%
27th May 20, 10:59am
6
Westpac report says residential construction activity likely to fall 20% next year, commercial construction to be down 15%
ASB says confidence in the housing market outlook has fallen to a near eight-year low, with expectations for this to fall further in coming months
27th May 20, 5:02am
61
ASB says confidence in the housing market outlook has fallen to a near eight-year low, with expectations for this to fall further in coming months
ANZ report affirms forecast of 10% to 15% fall in house prices this year but warns there's a risk they could fall by more, says commercial property market likely to be even more badly affected
20th May 20, 3:46pm
117
ANZ report affirms forecast of 10% to 15% fall in house prices this year but warns there's a risk they could fall by more, says commercial property market likely to be even more badly affected
Participants in the Reserve Bank's household expectations survey are forecasting inflation of 3.2% over the next year, while over half of them are worried about losing their jobs
20th May 20, 3:39pm
20
Participants in the Reserve Bank's household expectations survey are forecasting inflation of 3.2% over the next year, while over half of them are worried about losing their jobs
Housing sales slowed to a trickle in April and median prices were also weaker in most regions, the Real Estate Institute of New Zealand says
15th May 20, 9:44am
175
Housing sales slowed to a trickle in April and median prices were also weaker in most regions, the Real Estate Institute of New Zealand says
BNZ's economists are forecasting a 12% drop in house prices and an even bigger decline in the construction of new homes
12th May 20, 10:39am
240
BNZ's economists are forecasting a 12% drop in house prices and an even bigger decline in the construction of new homes
Queenstown's property market ranked as being the most at risk of a downturn by a substantial margin while Whangarei is the least risky city, says CoreLogic
8th May 20, 10:22am
269
Queenstown's property market ranked as being the most at risk of a downturn by a substantial margin while Whangarei is the least risky city, says CoreLogic
Quotable Value says housing market uncertainty likely to remain until the end of the year
6th May 20, 5:00am
189
Quotable Value says housing market uncertainty likely to remain until the end of the year
Sales of residential property to foreign buyers have declined by 85% in the last two years
1st May 20, 11:44am
105
Sales of residential property to foreign buyers have declined by 85% in the last two years
KiwiBuild projects will be under pressure if housing prices start falling significantly, Greg Ninness says
1st May 20, 8:00am
66
KiwiBuild projects will be under pressure if housing prices start falling significantly, Greg Ninness says
The Reserve Bank says its restrictions on high loan to value lending will be removed for at least 12 months as it signposted a week ago
30th Apr 20, 4:55pm
85
The Reserve Bank says its restrictions on high loan to value lending will be removed for at least 12 months as it signposted a week ago
The Reserve Bank says 21% of all housing loans are now interest only, while the wage subsidy saw household deposits boosted by over $4.5 billion
30th Apr 20, 3:38pm
14
The Reserve Bank says 21% of all housing loans are now interest only, while the wage subsidy saw household deposits boosted by over $4.5 billion