A senior journalist and news editor with interest.co.nz, David Hargreaves has covered financial markets and economics both in New Zealand and Britain for longer than he cares to mention.
The national median house price dropped slightly last month, but sales lifted, days to sell decreased, and both Auckland and Wellington saw month-on-month rises in median prices; ANZ economists say market has 'convincingly turned a corner'
The national median house price dropped slightly last month, but sales lifted, days to sell decreased, and both Auckland and Wellington saw month-on-month rises in median prices; ANZ economists say market has 'convincingly turned a corner'
Stats NZ figures show that total card spending rose by 0.9% in August, reversing a drop of the same magnitude in July. However, spending on consumable and durable goods was down
Stats NZ figures show that total card spending rose by 0.9% in August, reversing a drop of the same magnitude in July. However, spending on consumable and durable goods was down
Latest QV House Price Index shows NZ houses nationally have had their first three-monthly increase in values since the start of the downturn in late 2021
Latest QV House Price Index shows NZ houses nationally have had their first three-monthly increase in values since the start of the downturn in late 2021
When countries experience large capital outflows, significant currency substitution, an unacceptable level of money laundering risk, and/or risks to consumers and markets, targeted restrictions on crypto assets 'might be useful'
When countries experience large capital outflows, significant currency substitution, an unacceptable level of money laundering risk, and/or risks to consumers and markets, targeted restrictions on crypto assets 'might be useful'
David Hargreaves has a look at the housing market's prospects in the wake of some strong Auckland monthly sales figures and ahead of a pivotal (for the housing market) election
David Hargreaves has a look at the housing market's prospects in the wake of some strong Auckland monthly sales figures and ahead of a pivotal (for the housing market) election
Stats NZ says the volume of residential building work dropped 2% on a seasonally adjusted basis in the June quarter - but non-residential construction rose
Stats NZ says the volume of residential building work dropped 2% on a seasonally adjusted basis in the June quarter - but non-residential construction rose
BNZ economists had expected continued improvement in housing affordability but now say any improvement next year will be 'glacial' and affordability will start to deteriorate again in 2025
BNZ economists had expected continued improvement in housing affordability but now say any improvement next year will be 'glacial' and affordability will start to deteriorate again in 2025
Latest Reserve Bank figures show fixed mortgage rates are in, with two year rates surging in popularity, but three year rates falling out of vogue again
Latest Reserve Bank figures show fixed mortgage rates are in, with two year rates surging in popularity, but three year rates falling out of vogue again
Auckland's largest real estate company says signs the 'heralded' recovery of the Auckland housing market is imminent can be seen in the high property sales and prices paid
Auckland's largest real estate company says signs the 'heralded' recovery of the Auckland housing market is imminent can be seen in the high property sales and prices paid
CoreLogic says national house values nudged 0.2% lower in August, with the three-month change 'also easing' to a 1.8% fall. The average property is now worth $905,466, which is 13.2% below the peak level
CoreLogic says national house values nudged 0.2% lower in August, with the three-month change 'also easing' to a 1.8% fall. The average property is now worth $905,466, which is 13.2% below the peak level
The latest ANZ Business Outlook survey shows rising confidence and business activity levels, with falling inflation indicators - 'Goldilocks is in the building'
The latest ANZ Business Outlook survey shows rising confidence and business activity levels, with falling inflation indicators - 'Goldilocks is in the building'
'We see quarterly economic activity flitting between small positives and negatives over the remainder of 2023. In per capita terms the economic downturn will be much more pronounced' - ASB economists
'We see quarterly economic activity flitting between small positives and negatives over the remainder of 2023. In per capita terms the economic downturn will be much more pronounced' - ASB economists
A review of things you need to know before you sign off on Monday; higher home loan and TD rates, Aussies feel mortgage stress, fast food not fast enough for inflation, swaps mixed, NZD mixed, & more
A review of things you need to know before you sign off on Monday; higher home loan and TD rates, Aussies feel mortgage stress, fast food not fast enough for inflation, swaps mixed, NZD mixed, & more
Stats NZ figures show that retail sales volumes have fallen for a third quarter in a row, with figures only propped up somewhat by a surge in motor vehicle sales to beat changes to the Clean Car Discount Scheme
Stats NZ figures show that retail sales volumes have fallen for a third quarter in a row, with figures only propped up somewhat by a surge in motor vehicle sales to beat changes to the Clean Car Discount Scheme