Home Loan Affordability Report
Not many options in the upper North Island for aspiring first home buyers with less than a 20% deposit
22nd Oct 24, 12:03pm
55
Not many options in the upper North Island for aspiring first home buyers with less than a 20% deposit
[updated]
Prime Minister Christopher Luxon wants 'downward pressure' on house prices but not necessarily real decreases
25th Jun 24, 6:43am
156
Prime Minister Christopher Luxon wants 'downward pressure' on house prices but not necessarily real decreases
Housing is still unaffordable for first home buyers on average incomes but at least it's not getting any worse
24th Jun 24, 11:28am
69
Housing is still unaffordable for first home buyers on average incomes but at least it's not getting any worse
Flat house prices at the bottom of the market, a slight easing of mortgage interest rates and rising incomes create some breathing space for first home buyers
23rd Apr 24, 7:36am
83
Flat house prices at the bottom of the market, a slight easing of mortgage interest rates and rising incomes create some breathing space for first home buyers
Auckland, Tauranga, Kapiti Coast, Porirua and Queenstown are now unaffordable for typical first home buyers even if they have a 20% deposit
22nd Mar 24, 11:16am
129
Auckland, Tauranga, Kapiti Coast, Porirua and Queenstown are now unaffordable for typical first home buyers even if they have a 20% deposit
Lower house prices at the bottom of the market meant a significant improvement in affordability for first home buyers last month
23rd Feb 24, 9:30am
128
Lower house prices at the bottom of the market meant a significant improvement in affordability for first home buyers last month
First home buyers neither better nor worse off in 2023 as the housing market remained as flat as a pancake
29th Jan 24, 6:00am
101
First home buyers neither better nor worse off in 2023 as the housing market remained as flat as a pancake
Ongoing rises in mortgage interest rates gazumped rising incomes and drooping house prices for first home buyers last month
21st Aug 23, 1:31pm
99
Ongoing rises in mortgage interest rates gazumped rising incomes and drooping house prices for first home buyers last month
First home buyers benefit from rising incomes in a stalled property market - but only slightly
17th May 23, 12:01pm
43
First home buyers benefit from rising incomes in a stalled property market - but only slightly
Home ownership remains out of reach for first home buyers on average incomes in spite of recent falls in house prices
22nd Mar 23, 9:00am
159
Home ownership remains out of reach for first home buyers on average incomes in spite of recent falls in house prices
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
21st Feb 23, 12:12pm
96
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
26th Jan 23, 9:59am
172
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
The fall in house prices since 2021's peak has helped first home buyers but rising interest rates mean home ownership is still a struggle for those on average wages
16th Dec 22, 10:28am
59
The fall in house prices since 2021's peak has helped first home buyers but rising interest rates mean home ownership is still a struggle for those on average wages
First home buyers must navigate between the swings and roundabouts of lower house prices and higher mortgage interest rates
22nd Jul 22, 10:02am
148
First home buyers must navigate between the swings and roundabouts of lower house prices and higher mortgage interest rates
Home loan affordability improved slightly for first home buyers in May despite higher interest rates
Falling house prices more than offset the effects of rising interest rates for first home buyers in May
22nd Jun 22, 10:30am
52
Falling house prices more than offset the effects of rising interest rates for first home buyers in May
Rising interest rates mean lower house prices may not bring much relief to hopeful first home buyers
Rising interest rates and sky high deposit requirements are pushing home ownership further out of reach for people on average wages, even as the market cools
24th Jan 22, 11:55am
142
Rising interest rates and sky high deposit requirements are pushing home ownership further out of reach for people on average wages, even as the market cools
Prices at the bottom end of Auckland's housing market increased $85,000 in October making home ownership the preserve of the highly paid
23rd Nov 21, 6:26pm
101
Prices at the bottom end of Auckland's housing market increased $85,000 in October making home ownership the preserve of the highly paid
The latest lockdown has not been kind to first home buyers
Home ownership increasingly the preserve of those on above average incomes as high prices and rising interest rates hit first home buyers hard
25th Aug 21, 12:31pm
86
Home ownership increasingly the preserve of those on above average incomes as high prices and rising interest rates hit first home buyers hard
House prices at the affordable end of the market have stopped rising but they aren't getting any cheaper
22nd Jul 21, 12:08pm
85
House prices at the affordable end of the market have stopped rising but they aren't getting any cheaper
Latest Home Loan Affordability Report figures suggest house prices at the bottom of the market may be flattening - but Auckland's still a problem
23rd Jun 21, 12:10pm
54
Latest Home Loan Affordability Report figures suggest house prices at the bottom of the market may be flattening - but Auckland's still a problem
The housing market may be at a turning point with prices at the bottom of the market declining in April
30th May 21, 6:01am
138
The housing market may be at a turning point with prices at the bottom of the market declining in April
If they can scrape together a deposit, mortgage payments should be affordable for first home buyers on average incomes in all regions including Auckland
27th Aug 20, 10:04am
174
If they can scrape together a deposit, mortgage payments should be affordable for first home buyers on average incomes in all regions including Auckland
Regions evenly split in January between those where lower quartile prices went up and those where they went down, interest.co.nz's latest Home Loan Affordability Reports show
27th Feb 20, 8:00am
46
Regions evenly split in January between those where lower quartile prices went up and those where they went down, interest.co.nz's latest Home Loan Affordability Reports show
The first home buyers of 10 years ago will now be well placed to make the move into their next property
24th Aug 19, 8:59am
104
The first home buyers of 10 years ago will now be well placed to make the move into their next property