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Housing market

Latest RBNZ lending figures show the total stock of mortgage borrowing has hit $350 billion for the first time, while the nearly $1.2 billion growth in the 'mortgage pile' last month was the most since November last year
31st Jul 23, 3:59pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing has hit $350 billion for the first time, while the nearly $1.2 billion growth in the 'mortgage pile' last month was the most since November last year
More properties on offer and more selling under the hammer at the latest auctions
29th Jul 23, 6:39am
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More properties on offer and more selling under the hammer at the latest auctions
The number of first home buyers getting into a home of their own is back up to pre-Covid levels
28th Jul 23, 10:59am
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The number of first home buyers getting into a home of their own is back up to pre-Covid levels
Migrants on residence visas accounted for 12.4% of dwelling purchases in year to June
26th Jul 23, 10:10am
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Migrants on residence visas accounted for 12.4% of dwelling purchases in year to June
Real estate auction rooms a lot quieter over the last couple of weeks
22nd Jul 23, 7:09am
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Real estate auction rooms a lot quieter over the last couple of weeks
Real estate agency commissions picked up in the second quarter but remain soft in Auckland
20th Jul 23, 9:31am
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Real estate agency commissions picked up in the second quarter but remain soft in Auckland
David Hargreaves suggests that with KiwiSaver now 16 years old, it would be a good time to re-examine what its role is and how well it is set up to fill that role
19th Jul 23, 5:00am
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David Hargreaves suggests that with KiwiSaver now 16 years old, it would be a good time to re-examine what its role is and how well it is set up to fill that role
The housing market appears to have found its footing in slippery conditions but future progress remains uncertain
18th Jul 23, 3:19pm
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The housing market appears to have found its footing in slippery conditions but future progress remains uncertain
More than half the properties offered at the latest Auckland auctions sold under the hammer
14th Jul 23, 8:30am
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More than half the properties offered at the latest Auckland auctions sold under the hammer
Housing sales up and down in June, prices up slightly, fewer vendors and buyers remain hesitant
13th Jul 23, 9:00am
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Housing sales up and down in June, prices up slightly, fewer vendors and buyers remain hesitant
Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far
10th Jul 23, 12:11pm
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Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far
Very little movement in auction activity from week to week as winter takes hold
10th Jul 23, 10:21am
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Very little movement in auction activity from week to week as winter takes hold
A new data series from the Reserve Bank shows recent promotion of lower interest rates for three-year mortgage terms by some of the major banks has swayed significant numbers of customers to 'go longer' with their terms
6th Jul 23, 3:53pm
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A new data series from the Reserve Bank shows recent promotion of lower interest rates for three-year mortgage terms by some of the major banks has swayed significant numbers of customers to 'go longer' with their terms
Average value of Auckland dwellings sank almost $40,000 last month, national average value down 11% year-on-year
5th Jul 23, 12:01am
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Average value of Auckland dwellings sank almost $40,000 last month, national average value down 11% year-on-year
Average asking price on Realestate.co.nz declined for the fourth consecutive month in June
3rd Jul 23, 8:01am
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Average asking price on Realestate.co.nz declined for the fourth consecutive month in June
Just under half the properties on offer were sold under the hammer at the latest auctions
1st Jul 23, 6:00am
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Just under half the properties on offer were sold under the hammer at the latest auctions
Tailwinds will overpower the headwinds facing the housing market and push prices up, ANZ's economists say
27th Jun 23, 2:34pm
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Tailwinds will overpower the headwinds facing the housing market and push prices up, ANZ's economists say
The volume of homes for sale is weighing heavily on the housing market
27th Jun 23, 11:36am
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The volume of homes for sale is weighing heavily on the housing market
ASB economists say the current influx of migrants doesn't appear to be adding significantly to demand pressures in the economy - but it is easing the country's labour market shortages
26th Jun 23, 2:18pm
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ASB economists say the current influx of migrants doesn't appear to be adding significantly to demand pressures in the economy - but it is easing the country's labour market shortages
Moving up the property ladder is still affordable for most existing home owners
26th Jun 23, 12:32pm
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Moving up the property ladder is still affordable for most existing home owners
Fewer properties on offer at the latest auctions but sales picked up slightly
24th Jun 23, 8:03am
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Fewer properties on offer at the latest auctions but sales picked up slightly
Latest real estate figures suggest the gap between asking prices and selling prices is starting to reduce
17th Jun 23, 9:10am
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Latest real estate figures suggest the gap between asking prices and selling prices is starting to reduce
New Zealand's average dwelling value dropped another $13,571 last month with values in Queenstown-lakes falling more than $18k
13th Jun 23, 5:00am
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New Zealand's average dwelling value dropped another $13,571 last month with values in Queenstown-lakes falling more than $18k
[updated]
The latest auction results suggest vendors may be getting more realistic about price when setting their reserves
10th Jun 23, 6:00am
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The latest auction results suggest vendors may be getting more realistic about price when setting their reserves
A substantial rise in the number of consented Auckland building projects not proceeding is likely
9th Jun 23, 8:45am
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A substantial rise in the number of consented Auckland building projects not proceeding is likely