Leaving last year's stumbling housing market behind
As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.
Don’t bet on house prices rising faster than incomes
Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.
Similar Price Growth
Although houses prices typically rise more than apartments over the long-term, the gap is not as wide as many people expect.
Bill strikes a fair balance between landlords and tenants
The newly enacted Residential Tenancies Amendment Bill will encourage more rental homes, provide greater clarity for landlords, and improve tenant accessibility, REINZ says.
RBNZ: house prices may rise 7% a year in next two years
The Reserve Bank's forecasts were predicated on an assumption that house prices will rise about 7% in each of the next two calendar years, governor Adrian Orr told journalists after RBNZ cut its official cash rate (OCR) from 4.75% to 4.25%.
Apartment owners thumped by consistently fast rising insurance
Treasury’s latest survey on insurance shows apartment and other multi-unit buildings (MUB) owners have borne the brunt of rising premiums.
Competition between investors and first home buyers about to heat up
Existing properties are on the radar of property investors as the pace of decline in property values finds a floor and first home buyer numbers dip.
More stories
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Leaving last year's stumbling housing market behind
As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.
-
Don’t bet on house prices rising faster than incomes
Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.
-
Similar Price Growth
Although houses prices typically rise more than apartments over the long-term, the gap is not as wide as many people expect.
-
Bill strikes a fair balance between landlords and tenants
The newly enacted Residential Tenancies Amendment Bill will encourage more rental homes, provide greater clarity for landlords, and improve tenant accessibility, REINZ says.
-
RBNZ: house prices may rise 7% a year in next two years
The Reserve Bank's forecasts were predicated on an assumption that house prices will rise about 7% in each of the next two calendar years, governor Adrian Orr told journalists after RBNZ cut its official cash rate (OCR) from 4.75% to 4.25%.
-
Apartment owners thumped by consistently fast rising insurance
Treasury’s latest survey on insurance shows apartment and other multi-unit buildings (MUB) owners have borne the brunt of rising premiums.
-
Competition between investors and first home buyers about to heat up
Existing properties are on the radar of property investors as the pace of decline in property values finds a floor and first home buyer numbers dip.
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From hunted to hunters
Property investors will be back in the market next year, even as house prices rise by 5-7%, Kiwibank says.
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First home buyers fade, investors rise
Investors are coming back into the property market at a rapid clip.
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Predictions cut for rising house prices
Two of the country’s major banks have slashed their house price growth forecasts for the rest of the year.
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Alternative to first home grant
Auckland-based entrepreneur Derek Handley has set up a privately funded financial services group offering an alternative first home loan scheme.
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Growing number of property investment dollars moving across the ditch
More needs to be done to offset the loss of millions of dollars in property and business investments to Australia caused by a growing exodus of wealthy Kiwis, says an industry expert.
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Market could be near a tipping point
For the first time in more than three years, more people are picking interest rates will fall, rather than rise, but they are unsure whether it is a good time to buy a house.
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Options for buyers locked out of scrapped first home loan grant
A privately funded financial services company has picked up the slack left after the government scrapped the first home loan grant and set up an alternative scheme.
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1 Economists split on RBNZ OCR cut: How much will the Reserve Bank lower rates in February?
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2 Bank resourcing should have been a ComCom recommendation
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3 Challenger looks to expansion of servicing non-bank mortgage loans
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4 To fix or not to fix: Mortgage rate decisions a key theme for 2025
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5 Open finance momentum expected to gather pace in 2025
