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David Hargreaves

About

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.

Member for

12 years 7 months

Latest articles

Latest REINZ housing market data suggest 'momentum is building and that is likely to continue throughout the spring', economists say
14th Sep 23, 11:58am
77
Latest REINZ housing market data suggest 'momentum is building and that is likely to continue throughout the spring', economists say
Super Fund's value increased in past year by $9.7 bln to a record high $65.4 bln
13th Sep 23, 11:25am
24
Super Fund's value increased in past year by $9.7 bln to a record high $65.4 bln
[updated]
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'
13th Sep 23, 9:00am
135
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'
[updated]
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
12th Sep 23, 11:20am
4
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
12th Sep 23, 5:00am
164
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'
8th Sep 23, 5:00am
8
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
7th Sep 23, 9:00am
154
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
6th Sep 23, 11:18am
16
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
5th Sep 23, 9:52am
24
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
4th Sep 23, 3:50pm
11
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
4th Sep 23, 10:04am
121
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
1st Sep 23, 1:00am
84
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
Latest RBNZ figures show that specific mortgage loan impairments rose 12.1% in the past month, while total non-performing mortgage loans were up 5.6%
31st Aug 23, 4:12pm
31
Latest RBNZ figures show that specific mortgage loan impairments rose 12.1% in the past month, while total non-performing mortgage loans were up 5.6%
The latest ANZ Business Outlook survey shows rising confidence and business activity levels, with falling inflation indicators - 'Goldilocks is in the building'
31st Aug 23, 1:18pm
11
The latest ANZ Business Outlook survey shows rising confidence and business activity levels, with falling inflation indicators - 'Goldilocks is in the building'
The number of new homes consented last month was down over 5% on the previous month on a seasonally-adjusted basis, according to Stats NZ
30th Aug 23, 11:06am
26
The number of new homes consented last month was down over 5% on the previous month on a seasonally-adjusted basis, according to Stats NZ
30th Aug 23, 10:39am
280
National unveils tax policy
Simplicity Living says it is 'on a mission to provide thousands of Kiwis what’s already common overseas - quality, long-term homes for rent'
30th Aug 23, 5:00am
56
Simplicity Living says it is 'on a mission to provide thousands of Kiwis what’s already common overseas - quality, long-term homes for rent'
'While there are risks on both sides of our house price forecast, we think the near-term skew is to the upside'
29th Aug 23, 2:50pm
62
'While there are risks on both sides of our house price forecast, we think the near-term skew is to the upside'
'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
29th Aug 23, 11:37am
66
'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
28th Aug 23, 3:59pm
53
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
The number of people choosing to 'top-up' their home mortgage is running at fewer than half the number of two years ago
28th Aug 23, 12:36pm
29
The number of people choosing to 'top-up' their home mortgage is running at fewer than half the number of two years ago
Latest Reserve Bank figures show mortgage money advanced last month dipped below $5 billion - the lowest level for a July month since 2017
24th Aug 23, 3:48pm
26
Latest Reserve Bank figures show mortgage money advanced last month dipped below $5 billion - the lowest level for a July month since 2017
Our national airline soars from the financial trough of the pandemic to emerge with its second-highest profit ever
24th Aug 23, 9:38am
55
Our national airline soars from the financial trough of the pandemic to emerge with its second-highest profit ever
[updated]
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
23rd Aug 23, 11:28am
60
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
Westpac economists say the milk price in the current season might be the lowest for eight years after adjustment for inflation
22nd Aug 23, 2:47pm
6
Westpac economists say the milk price in the current season might be the lowest for eight years after adjustment for inflation