Housing market
Almost 500 properties went under the hammer at the latest auctions with 41% selling under the hammer
22nd Feb 25, 6:00am
74
Almost 500 properties went under the hammer at the latest auctions with 41% selling under the hammer
Buyers spoiled for choice as the housing market gears up for its busiest time of the year
21st Feb 25, 8:00am
142
Buyers spoiled for choice as the housing market gears up for its busiest time of the year
Auckland's median price dropped $51,000 in January, national median down $30,000
19th Feb 25, 9:00am
199
Auckland's median price dropped $51,000 in January, national median down $30,000
Listings on Trade Me Property at a five year high in January while asking prices were in decline
17th Feb 25, 9:23am
136
Listings on Trade Me Property at a five year high in January while asking prices were in decline
Auction activity little changed from late last year with no big upturn or major drop in activity
15th Feb 25, 6:00am
146
Auction activity little changed from late last year with no big upturn or major drop in activity
First home buyers are becoming increasingly active in the housing market but they are choosing carefully
13th Feb 25, 9:52am
74
First home buyers are becoming increasingly active in the housing market but they are choosing carefully
Latest monthly RBNZ figures show sharp drops in what customers were paying on new mortgage rates in the second half of last year - but the bank yields on existing mortgages are falling only very slightly
12th Feb 25, 9:00am
4
Latest monthly RBNZ figures show sharp drops in what customers were paying on new mortgage rates in the second half of last year - but the bank yields on existing mortgages are falling only very slightly
Latest monthly RBNZ figures show that in December the very brief flirtation with floating rate mortgages was replaced by a surge of interest in six month fixed rates
10th Feb 25, 3:47pm
7
Latest monthly RBNZ figures show that in December the very brief flirtation with floating rate mortgages was replaced by a surge of interest in six month fixed rates
The decision by many homeowners to position themselves for expected interest rate cuts will see an average of over $30b a month worth of mortgages need refixing in the first six months of this year
6th Feb 25, 6:00am
112
The decision by many homeowners to position themselves for expected interest rate cuts will see an average of over $30b a month worth of mortgages need refixing in the first six months of this year
Total stock of homes for sale hits 9-year high for the time of year, putting buyers in an even stronger position for 2025
3rd Feb 25, 5:00am
137
Total stock of homes for sale hits 9-year high for the time of year, putting buyers in an even stronger position for 2025
Sales rate at January auctions nudged past 50% for the first time since July 2023
1st Feb 25, 6:27am
229
Sales rate at January auctions nudged past 50% for the first time since July 2023
Vendors paid an estimated $1.77 billion in residential real estate sales commissions last year
28th Jan 25, 12:05pm
21
Vendors paid an estimated $1.77 billion in residential real estate sales commissions last year
Buyers remained very cautious on price at the latest property auctions
Buyers likely to retain the whip hand as the housing market heads into 2025
23rd Jan 25, 10:00am
128
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
176
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
100
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
33
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
147
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
32
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
97
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
82
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
49
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
141
'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