Real Estate
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
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
Sales rates at the latest auctions ranged from zero in Waikato to 51% in Canterbury
24th May 22, 10:12am
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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
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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
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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
Sales were particularly weak for North Shore properties at Barfoot & Thompson's latest auctions
21st May 22, 6:44am
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Sales were particularly weak for North Shore properties at Barfoot & Thompson's latest auctions
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
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Canterbury remains the most buoyant auction market with just over half the auctioned properties selling under the hammer compared to 28% in Auckland
The number of properties offered at Barfoot & Thompson's latest auctions dropped below 100 but the sales rate was up a tad
14th May 22, 7:28am
27
The number of properties offered at Barfoot & Thompson's latest auctions dropped below 100 but the sales rate was up a tad
House prices now sinking throughout the country with Auckland, Rotorua, Hastings and Wellington leading the way
13th May 22, 9:43am
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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
Westpac report picks net migration growth to eventually settle at around half pre-pandemic levels with new home construction likely to remain elevated
11th May 22, 10:44am
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Westpac report picks net migration growth to eventually settle at around half pre-pandemic levels with new home construction likely to remain elevated
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
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About a quarter of auction properties selling under the hammer in Auckland, Waikato and BoP, just over half in Canterbury
Average dwelling value in Auckland down $48,000 since the start of 2022, average value in Queenstown-Lakes up $50,000
10th May 22, 5:00am
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Average dwelling value in Auckland down $48,000 since the start of 2022, average value in Queenstown-Lakes up $50,000
Auction sales rate particularly low for properties in Auckland's leafy central suburbs
7th May 22, 6:00am
101
Auction sales rate particularly low for properties in Auckland's leafy central suburbs
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
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House prices declining, listings rising, FOMO being replaced by FOOP - the latest survey by Tony Alexander and the REINZ is grim reading
Overseas owners selling their NZ properties at more than twice the rate at which they are buying them
4th May 22, 1:40pm
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Overseas owners selling their NZ properties at more than twice the rate at which they are buying them
CoreLogic says average housing values in Wellington and Dunedin have had their biggest decline since the Global Financial Crisis
3rd May 22, 6:00pm
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CoreLogic says average housing values in Wellington and Dunedin have had their biggest decline since the Global Financial Crisis
Barfoot & Thompson's median price down by $99,000 from its December peak
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
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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
1
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
150
The flow-on effects of Reserve Bank policies have effectively thrown first home buyers under the bus