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Property

Falling house prices at the bottom of the market and lower mortgage rates improve affordability for first home buyers
21st Dec 24, 9:00am
43
Falling house prices at the bottom of the market and lower mortgage rates improve affordability for first home buyers
Although more properties were auctioned in 2024, the sales rate dropped to 35% from 40% in 2023
21st Dec 24, 6:31am
30
Although more properties were auctioned in 2024, the sales rate dropped to 35% from 40% in 2023
Trade Me Property says residential landlords may need to reduce their asking rents due to an oversupply of rental stock
19th Dec 24, 9:24am
133
Trade Me Property says residential landlords may need to reduce their asking rents due to an oversupply of rental stock
Unsold residential properties are sitting on the market for longer rather than being removed from sale
18th Dec 24, 10:39am
95
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
Inflation almost disappearing from residential and commercial construction costs
12th Dec 24, 4:16pm
5
Inflation almost disappearing from residential and commercial construction costs
'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
Rents and the number of rental properties being tenanted are both as flat as a pancake
9th Dec 24, 10:40am
52
Rents and the number of rental properties being tenanted are both as flat as a pancake
Just over a third selling under the hammer at the latest residential auctions
7th Dec 24, 6:00am
66
Just over a third selling under the hammer at the latest residential auctions
Home ownership rates are increasing while renting is declining, according to census data
6th Dec 24, 11:00am
83
Home ownership rates are increasing while renting is declining, according to census data
Housing market in a holding pattern, CoreLogic says, with different factors pushing the market in opposite directions
5th Dec 24, 12:01am
153
Housing market in a holding pattern, CoreLogic says, with different factors pushing the market in opposite directions
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
106
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
Barfoot & Thompson's sales and selling prices both headed higher in November but the agency has a mountain of stock to deal with
3rd Dec 24, 10:43am
69
Barfoot & Thompson's sales and selling prices both headed higher in November but the agency has a mountain of stock to deal with
Annual value of new residential construction being consented down $5b over the last two years
2nd Dec 24, 11:41am
37
Annual value of new residential construction being consented down $5b over the last two years
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
76
More first home buyers are purchasing a home of their own and they're paying more for them and borrowing more
Overall auction sales rate stays in the mid-30% range as Christmas looms large
30th Nov 24, 6:01am
74
Overall auction sales rate stays in the mid-30% range as Christmas looms large
Negative cash flows likely still an issue for many residential property investors even though interest rates are falling
29th Nov 24, 11:18am
68
Negative cash flows likely still an issue for many residential property investors even though interest rates are falling
Housing Minister Chris Bishop wants community housing providers to have ‘competitive neutrality’ with Kāinga Ora, describes the Reserve Bank’s capital requirements for social housing as ‘overcooked’
26th Nov 24, 3:21pm
60
Housing Minister Chris Bishop wants community housing providers to have ‘competitive neutrality’ with Kāinga Ora, describes the Reserve Bank’s capital requirements for social housing as ‘overcooked’
Robo price-fixing: Why the US Justice Department is suing a software company to stop landlords colluding on rents
26th Nov 24, 9:35am
by Guest
39
Robo price-fixing: Why the US Justice Department is suing a software company to stop landlords colluding on rents
ASB survey shows concerns about the economy are weighing on people's expectations for increases in house prices
26th Nov 24, 9:15am
47
ASB survey shows concerns about the economy are weighing on people's expectations for increases in house prices
Residential construction in Auckland facing a steady decline rather than a sudden crash - so far
25th Nov 24, 11:47am
30
Residential construction in Auckland facing a steady decline rather than a sudden crash - so far
Auction sales rate declined to 35% from 44% over the last four weeks as buyers pick and choose
23rd Nov 24, 6:00am
136
Auction sales rate declined to 35% from 44% over the last four weeks as buyers pick and choose
First home buyers with less than a 20% deposit may be able to get a low equity mortgage but they may not be able to afford the repayments
21st Nov 24, 2:01pm
97
First home buyers with less than a 20% deposit may be able to get a low equity mortgage but they may not be able to afford the repayments
Independent global economic researchers Capital Economics say despite their expectation the RBNZ will slash the OCR to just 2.25% in 2025 the housing market price recovery will be 'muted'
20th Nov 24, 8:45am
111
Independent global economic researchers Capital Economics say despite their expectation the RBNZ will slash the OCR to just 2.25% in 2025 the housing market price recovery will be 'muted'