Housing market
Sales rate at the latest residential property auctions edges passed a third by the finest of margins
27th Jul 24, 6:08am
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Sales rate at the latest residential property auctions edges passed a third by the finest of margins
Residence visa holders made up 12% of home buyers in the June quarter, Statistics NZ figures show
26th Jul 24, 10:02am
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Residence visa holders made up 12% of home buyers in the June quarter, Statistics NZ figures show
As we await the start of cuts to the Official Cash Rate, David Hargreaves questions what damage may have been done by the recent heavy-handed and sledgehammer-like interest rate hiking cycle
21st Jul 24, 6:00am
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As we await the start of cuts to the Official Cash Rate, David Hargreaves questions what damage may have been done by the recent heavy-handed and sledgehammer-like interest rate hiking cycle
An icy blast hits the auction rooms with the number of properties on offer at an 11 month low
20th Jul 24, 6:00am
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An icy blast hits the auction rooms with the number of properties on offer at an 11 month low
Residential sales commissions dived in June and the outlook for July is not much better
16th Jul 24, 11:33am
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Residential sales commissions dived in June and the outlook for July is not much better
Housing sales crashed to GFC levels in June - REINZ describes the market as 'a little chilly'
15th Jul 24, 8:59am
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Housing sales crashed to GFC levels in June - REINZ describes the market as 'a little chilly'
Fewer properties being auctioned and the sales rate remains at just under a third
13th Jul 24, 6:26am
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Fewer properties being auctioned and the sales rate remains at just under a third
Latest Reserve Bank figures show one in six mortgages in May was taken up for the previously very unfashionable fixed rate term of six months
9th Jul 24, 3:43pm
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Latest Reserve Bank figures show one in six mortgages in May was taken up for the previously very unfashionable fixed rate term of six months
QV says house hunters are going into hibernation as values continue to fall
Despite a sharp increase in the number of houses going under the hammer, the sales rate sank, and the prices achieved for those that sold slipped further below rating valuations. It was especially tough in Auckland
6th Jul 24, 7:28am
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Despite a sharp increase in the number of houses going under the hammer, the sales rate sank, and the prices achieved for those that sold slipped further below rating valuations. It was especially tough in Auckland
Average asking price of homes listed for sale on Realestate.co.nz down $90,071 since February, Auckland down by more than $100,000
3rd Jul 24, 5:00am
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Average asking price of homes listed for sale on Realestate.co.nz down $90,071 since February, Auckland down by more than $100,000
An unlikely coalition of New Zealand voters are backing Housing Minister Chris Bishop’s mission to bring down house prices
1st Jul 24, 3:14pm
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An unlikely coalition of New Zealand voters are backing Housing Minister Chris Bishop’s mission to bring down house prices
More homes being auctioned compared to a year ago but the sales level is lower
1st Jul 24, 2:36pm
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More homes being auctioned compared to a year ago but the sales level is lower
Fewer properties on offer, fewer selling under the hammer at the latest auctions
22nd Jun 24, 6:01am
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Fewer properties on offer, fewer selling under the hammer at the latest auctions
House prices falling as vendors bite the bullet and meet the market heading into winter
17th Jun 24, 9:00am
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House prices falling as vendors bite the bullet and meet the market heading into winter
More properties on offer at the latest auctions but the sales rate has been steady for the last seven weeks
15th Jun 24, 6:00am
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More properties on offer at the latest auctions but the sales rate has been steady for the last seven weeks
Fewer properties being auctioned and the sales rate hasn't changed
House value growth 'has completely petered out,' CoreLogic says, with the large volume of homes for sale to continue weighing on the market
6th Jun 24, 12:01am
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House value growth 'has completely petered out,' CoreLogic says, with the large volume of homes for sale to continue weighing on the market
Latest Reserve Bank figures show nearly three-quarters of the new mortgage money taken up by owner-occupiers in April was for at rates fixed for a year or less
5th Jun 24, 3:46pm
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Latest Reserve Bank figures show nearly three-quarters of the new mortgage money taken up by owner-occupiers in April was for at rates fixed for a year or less
Asking prices, new listings and total stock levels all sinking as the housing market heads into winter
4th Jun 24, 9:37am
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Asking prices, new listings and total stock levels all sinking as the housing market heads into winter
Auction sales rate appears to be settling at just under a third for winter
The housing market is on ice with downside risk to their annual forecast for 3% price rises, ANZ economists say
30th May 24, 3:46pm
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The housing market is on ice with downside risk to their annual forecast for 3% price rises, ANZ economists say
Overall national sales rate of 30% at the latest residential property auctions, 27% in Auckland
25th May 24, 6:37am
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Overall national sales rate of 30% at the latest residential property auctions, 27% in Auckland
Relatively flat residential auction numbers and sales rates
A huge overhang of unsold properties is squeezing the housing market in buyers' favour
17th May 24, 9:57am
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A huge overhang of unsold properties is squeezing the housing market in buyers' favour