Housing market
Buyers likely to retain the whip hand as the housing market heads into 2025
23rd Jan 25, 10:00am
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Buyers likely to retain the whip hand as the housing market heads into 2025
BNZ chief economist Mike Jones says going short has 'tended to pay off' but he is 'compelled to offer a few competing viewpoints'
22nd Jan 25, 10:41am
5
BNZ chief economist Mike Jones says going short has 'tended to pay off' but he is 'compelled to offer a few competing viewpoints'
REINZ says December was especially quiet and buyers had plenty to choose from as housing inventory surged
22nd Jan 25, 9:00am
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REINZ says December was especially quiet and buyers had plenty to choose from as housing inventory surged
QV says average housing values declined by just 0.3% last year with prices remaining 'relatively static'
21st Jan 25, 5:00am
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QV says average housing values declined by just 0.3% last year with prices remaining 'relatively static'
Floating mortgage rates see a huge surge in popularity, with over $3.5 billion of lending done at floating rates in November, according to new RBNZ figures
13th Jan 25, 3:55pm
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Floating mortgage rates see a huge surge in popularity, with over $3.5 billion of lending done at floating rates in November, according to new RBNZ figures
Asking prices of homes for sale on Realestate.co.nz fell again in December taking them -17.6% below their January 2022 peak
10th Jan 25, 5:00am
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Asking prices of homes for sale on Realestate.co.nz fell again in December taking them -17.6% below their January 2022 peak
Although more properties were auctioned in 2024, the sales rate dropped to 35% from 40% in 2023
21st Dec 24, 6:31am
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Although more properties were auctioned in 2024, the sales rate dropped to 35% from 40% in 2023
Unsold residential properties are sitting on the market for longer rather than being removed from sale
18th Dec 24, 10:39am
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Unsold residential properties are sitting on the market for longer rather than being removed from sale
November housing market quiet in Auckland, more buoyant in rest of the country, REINZ says
17th Dec 24, 9:00am
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November housing market quiet in Auckland, more buoyant in rest of the country, REINZ says
Auction activity slowing as the market heads towards its last gasp before the Christmas break
14th Dec 24, 10:38am
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Auction activity slowing as the market heads towards its last gasp before the Christmas break
'There's very little to suggest that house prices will suddenly take off any time soon,' says QV
10th Dec 24, 5:00am
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'There's very little to suggest that house prices will suddenly take off any time soon,' says QV
Latest Reserve Bank figures show a sharp rise in the amount of new borrowing on floating rates, while among fixed rates the one-year term has soared in popularity
9th Dec 24, 1:32pm
17
Latest Reserve Bank figures show a sharp rise in the amount of new borrowing on floating rates, while among fixed rates the one-year term has soared in popularity
Just over a third selling under the hammer at the latest residential auctions
Average asking price of homes for sale on Realestate.co.nz dropped by almost $29,000 in October while stock levels were at an almost 10-year high
4th Dec 24, 5:00am
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Average asking price of homes for sale on Realestate.co.nz dropped by almost $29,000 in October while stock levels were at an almost 10-year high
More first home buyers are purchasing a home of their own and they're paying more for them and borrowing more
30th Nov 24, 9:10am
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More first home buyers are purchasing a home of their own and they're paying more for them and borrowing more
Auction sales rate declined to 35% from 44% over the last four weeks as buyers pick and choose
23rd Nov 24, 6:00am
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Auction sales rate declined to 35% from 44% over the last four weeks as buyers pick and choose
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
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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
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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
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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
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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
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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'