Housing market
BNZ report sees 7% house price growth this year but warns of downside risks too
25th Mar 25, 10:41am
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BNZ report sees 7% house price growth this year but warns of downside risks too
Auction sales rate stuck on 37% for the last four weeks
February's housing sales were pretty ordinary even though mortgage rates were in decline
18th Mar 25, 10:14am
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February's housing sales were pretty ordinary even though mortgage rates were in decline
National median house price rose 2.9% in February from January, reaching $772,000
17th Mar 25, 9:00am
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National median house price rose 2.9% in February from January, reaching $772,000
Overall sales rate at housing auctions stuck at 37% for the last three weeks
High stock levels on Trade Me Property giving buyers plenty of choice as the summer season winds down
13th Mar 25, 10:00am
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High stock levels on Trade Me Property giving buyers plenty of choice as the summer season winds down
Despite a backdrop of falling interest rates, QV says average dwelling values had a flat summer
13th Mar 25, 5:00am
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Despite a backdrop of falling interest rates, QV says average dwelling values had a flat summer
Latest monthly RBNZ figures show owner-occupiers were still overwhelmingly 'going short' in January with their new mortgage commitments
10th Mar 25, 3:39pm
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Latest monthly RBNZ figures show owner-occupiers were still overwhelmingly 'going short' in January with their new mortgage commitments
The busiest week for housing auctions may have been the last week of February
A surge in non-performing mortgage loans is a reminder that even though interest rates are now falling, this is not necessarily going to lift the economy as quickly as we would hope
7th Mar 25, 5:00am
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A surge in non-performing mortgage loans is a reminder that even though interest rates are now falling, this is not necessarily going to lift the economy as quickly as we would hope
CoreLogic says median value of NZ homes was $807,164 in February with values slowly rising around the country
6th Mar 25, 12:01am
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CoreLogic says median value of NZ homes was $807,164 in February with values slowly rising around the country
House buyers spoiled for choice in February with stock for sale up 13.6% and average asking prices down 4.6% year-on-year
3rd Mar 25, 5:01am
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House buyers spoiled for choice in February with stock for sale up 13.6% and average asking prices down 4.6% year-on-year
Almost 500 properties went under the hammer at the latest auctions with 41% selling under the hammer
22nd Feb 25, 6:00am
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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