NZ housing market
Latest mortgage figures from the Reserve Bank show, on a seasonally adjusted basis, mortgage commitments by value rose 6.9% in September
24th Oct 24, 3:54pm
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Latest mortgage figures from the Reserve Bank show, on a seasonally adjusted basis, mortgage commitments by value rose 6.9% in September
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
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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'
The country's banks are reporting early signs of a rebound in activity from property investors and demand for mortgage lending from both owner occupiers and investors is expected to continue to increase during the next six months
21st Oct 24, 11:32am
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The country's banks are reporting early signs of a rebound in activity from property investors and demand for mortgage lending from both owner occupiers and investors is expected to continue to increase during the next six months
Latest Reserve Bank mortgage figures show investors took a bigger share of the mortgage pie than first home buyers last month for the first time in about two-and-a-half years
25th Sep 24, 3:43pm
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Latest Reserve Bank mortgage figures show investors took a bigger share of the mortgage pie than first home buyers last month for the first time in about two-and-a-half years
David Hargreaves says the Reserve Bank will ultimately decide where interest rates go and at what speed. But what will it decide?
18th Sep 24, 11:14am
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David Hargreaves says the Reserve Bank will ultimately decide where interest rates go and at what speed. But what will it decide?
'We see recent falls in mortgage rates as more about preventing a deeper correction in house prices than providing the fuel for an immediate lurch higher'
28th Aug 24, 8:50am
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'We see recent falls in mortgage rates as more about preventing a deeper correction in house prices than providing the fuel for an immediate lurch higher'
Latest Reserve Bank mortgage figures show investors came close to overtaking first home buyers in the month of July
26th Aug 24, 3:52pm
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Latest Reserve Bank mortgage figures show investors came close to overtaking first home buyers in the month of July
Now that interest rates are officially on the way down, David Hargreaves has a crunch of some numbers that might help us to determine when the economy will pick up again
25th Aug 24, 6:30am
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Now that interest rates are officially on the way down, David Hargreaves has a crunch of some numbers that might help us to determine when the economy will pick up again
BNZ's chief economist says mortgage holders have shortened up the terms of their fixed-rate borrowing 'much more so' than before previous Official Cash Rate easing cycles
1st Aug 24, 10:54am
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BNZ's chief economist says mortgage holders have shortened up the terms of their fixed-rate borrowing 'much more so' than before previous Official Cash Rate easing cycles
David Hargreaves has a crunch of the mortgage figures for the first six months of 2024 and finds while the figures are overall slightly up on the very low figures a year ago, the recent trend doesn't bode well at all
28th Jul 24, 6:30am
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David Hargreaves has a crunch of the mortgage figures for the first six months of 2024 and finds while the figures are overall slightly up on the very low figures a year ago, the recent trend doesn't bode well at all
Latest mortgage figures from the Reserve Bank show that the 14,590 new mortgages in June 2024 was the lowest total for this month since the detailed data began in 2015
25th Jul 24, 10:47am
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Latest mortgage figures from the Reserve Bank show that the 14,590 new mortgages in June 2024 was the lowest total for this month since the detailed data began in 2015
Latest Reserve Bank mortgage figures show while housing investors are not exactly piling back into the market, they are at least starting to sit up and pay attention
28th May 24, 4:07pm
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Latest Reserve Bank mortgage figures show while housing investors are not exactly piling back into the market, they are at least starting to sit up and pay attention
BNZ economists now expect house prices to rise just 2% in 2024, down from an earlier forecast of 5% and say even the latest lower forecast has 'downside risk'
23rd May 24, 11:16am
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BNZ economists now expect house prices to rise just 2% in 2024, down from an earlier forecast of 5% and say even the latest lower forecast has 'downside risk'
Latest mortgage figures from the Reserve Bank show that for February there was a seasonally-adjusted rise of 4% in borrowing, while the latest figures are up some 28% on the dire February 2023 figures
26th Mar 24, 3:54pm
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Latest mortgage figures from the Reserve Bank show that for February there was a seasonally-adjusted rise of 4% in borrowing, while the latest figures are up some 28% on the dire February 2023 figures
Latest mortgage figures from the Reserve Bank suggest first home buyers might have reached their limit in terms of market share, while investors might be showing some signs of life
28th Feb 24, 10:26am
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Latest mortgage figures from the Reserve Bank suggest first home buyers might have reached their limit in terms of market share, while investors might be showing some signs of life
David Hargreaves dives back through from the start of detailed mortgage figures the Reserve Bank has now been producing for 9 years to show a picture of burgeoning first home buyer involvement and mostly shrinking investor participation
31st Jan 24, 11:44am
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David Hargreaves dives back through from the start of detailed mortgage figures the Reserve Bank has now been producing for 9 years to show a picture of burgeoning first home buyer involvement and mostly shrinking investor participation
Latest RBNZ figures show first home buyers picked up over a quarter of the new mortgage monies advanced in December - although it was a slow month overall
30th Jan 24, 11:20am
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Latest RBNZ figures show first home buyers picked up over a quarter of the new mortgage monies advanced in December - although it was a slow month overall
Latest RBNZ figures show first home buyers remain active in the market, while the long sleeping investors may just be showing signs of stirring
27th Nov 23, 12:01pm
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Latest RBNZ figures show first home buyers remain active in the market, while the long sleeping investors may just be showing signs of stirring
Latest RBNZ figures show New Zealanders' interest bill on mortgages topped $4.6 billion in the September quarter, putting us on target to pay well north of $17 billion to the banks in mortgage interest for the full 2023 year
26th Oct 23, 3:26pm
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Latest RBNZ figures show New Zealanders' interest bill on mortgages topped $4.6 billion in the September quarter, putting us on target to pay well north of $17 billion to the banks in mortgage interest for the full 2023 year
Banks are telling the Reserve Bank 'a more significant increase' in investor demand for residential mortgages may occur in the next six months if interest deductibility on rental properties is reintroduced
24th Oct 23, 12:16pm
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Banks are telling the Reserve Bank 'a more significant increase' in investor demand for residential mortgages may occur in the next six months if interest deductibility on rental properties is reintroduced
Latest Reserve Bank figures show that mortgage money advanced last month rose by over 8% on a seasonally-adjusted basis
27th Sep 23, 8:46am
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Latest Reserve Bank figures show that mortgage money advanced last month rose by over 8% on a seasonally-adjusted basis
The number of people choosing to 'top-up' their home mortgage is running at fewer than half the number of two years ago
28th Aug 23, 12:36pm
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The number of people choosing to 'top-up' their home mortgage is running at fewer than half the number of two years ago
Latest Reserve Bank figures show mortgage money advanced last month dipped below $5 billion - the lowest level for a July month since 2017
24th Aug 23, 3:48pm
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Latest Reserve Bank figures show mortgage money advanced last month dipped below $5 billion - the lowest level for a July month since 2017
Reserve Bank changes its forecasts and now expects house prices to rise from the current quarter, with annual prices showing an increase by March next year
16th Aug 23, 3:50pm
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Reserve Bank changes its forecasts and now expects house prices to rise from the current quarter, with annual prices showing an increase by March next year
David Hargreaves examines financial statistics for the first six months of the year showing money being 'sucked out' of consumers' pockets both through higher mortgage and deposit rates
2nd Aug 23, 9:11am
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David Hargreaves examines financial statistics for the first six months of the year showing money being 'sucked out' of consumers' pockets both through higher mortgage and deposit rates