Housing market
Housing market warms over spring but it's not exactly tropical
More properties being auctioned and 42% selling under the hammer
Latest Reserve Bank figures show six-month fixed rate terms maintaining their new found popularity - although there are signs of more variety in strategies being employed by the mortgage holders
5th Nov 24, 3:51pm
3
Latest Reserve Bank figures show six-month fixed rate terms maintaining their new found popularity - although there are signs of more variety in strategies being employed by the mortgage holders
Fewer auctions in Auckland last week but higher numbers in the regions
Housing market moving further in buyers' favour with the number of homes for sale at a 10-year high
1st Nov 24, 10:36am
159
Housing market moving further in buyers' favour with the number of homes for sale at a 10-year high
The RBNZ says despite house prices easing, purchasing a new house 'remains relatively unfavourable compared with long-term averages'
31st Oct 24, 11:30am
120
The RBNZ says despite house prices easing, purchasing a new house 'remains relatively unfavourable compared with long-term averages'
Home owners who bought their first house a decade ago are now well placed to move up the property ladder
31st Oct 24, 9:36am
100
Home owners who bought their first house a decade ago are now well placed to move up the property ladder
Of the 438 properties on offer at the latest auctions, 192 sold under the hammer
26th Oct 24, 7:01am
69
Of the 438 properties on offer at the latest auctions, 192 sold under the hammer
[updated]
Reserve Bank Governor Adrian Orr says being more 'circumspect' with reducing interest rates relative to the speed at which they went up 'is the general idea'
24th Oct 24, 8:29am
87
Reserve Bank Governor Adrian Orr says being more 'circumspect' with reducing interest rates relative to the speed at which they went up 'is the general idea'
BNZ chief economist Mike Jones says longer term mortgage rates are already reflecting anticipated cuts to the Official Cash Rate, but shorter term mortgage rates have more 'downside'
23rd Oct 24, 9:23am
51
BNZ chief economist Mike Jones says longer term mortgage rates are already reflecting anticipated cuts to the Official Cash Rate, but shorter term mortgage rates have more 'downside'
Just over a third of properties on offer sold under the hammer at the latest auctions
19th Oct 24, 6:00am
91
Just over a third of properties on offer sold under the hammer at the latest auctions
More than 3000 residential properties a month are being taken off the market
17th Oct 24, 10:25am
96
More than 3000 residential properties a month are being taken off the market
The return of inflation well and truly into the 1% to 3% target range is most welcome news, but what does it say for the immediate path of interest rates and how quickly the economy can recover?
16th Oct 24, 11:55am
53
The return of inflation well and truly into the 1% to 3% target range is most welcome news, but what does it say for the immediate path of interest rates and how quickly the economy can recover?
House sales declined in September but prices held their own, REINZ says
A dip in auction numbers over the school holidays but the sales rate remained steady with 41% of auctioned properties selling under the hammer
12th Oct 24, 6:00am
49
A dip in auction numbers over the school holidays but the sales rate remained steady with 41% of auctioned properties selling under the hammer
More homes are flooding onto an already crowded housing market making potential buyers cautious on price
9th Oct 24, 5:00am
80
More homes are flooding onto an already crowded housing market making potential buyers cautious on price
'Green shoots of growth remain scarce' in housing market, QV says
Latest Reserve Bank figures show around 40% of new lending in August was for six month fixed rate terms
7th Oct 24, 1:18pm
38
Latest Reserve Bank figures show around 40% of new lending in August was for six month fixed rate terms
Auction room activity continues to firm over spring
CoreLogic says New Zealand's median dwelling value, down $40,000 since February, is still falling
3rd Oct 24, 12:01am
141
CoreLogic says New Zealand's median dwelling value, down $40,000 since February, is still falling
Big jump in sales for the start of spring for Barfoot & Thompson but prices were lower
2nd Oct 24, 10:41am
60
Big jump in sales for the start of spring for Barfoot & Thompson but prices were lower
Housing stock for sale at 10-year high at the end of September suggesting the buyer's market continues into spring
2nd Oct 24, 5:00am
30
Housing stock for sale at 10-year high at the end of September suggesting the buyer's market continues into spring
More properties on offer and the sales rate seems to be settling around 40% for spring
28th Sep 24, 6:00am
70
More properties on offer and the sales rate seems to be settling around 40% for spring
ANZ's economists expect house prices to keep falling and are cautious on how much the RBNZ will cut interest rates
27th Sep 24, 11:16am
154
ANZ's economists expect house prices to keep falling and are cautious on how much the RBNZ will cut interest rates
Almost 40% of first home buyers in August had a low equity loan