News > House Prices
Thursday, December 07th 2023
Increasing constraints, including the cost and availability of credit, have meant a major slowdown in the apartment market. Consents dropped by 36% in the year to October – the lowest total since July 2017.
Wednesday, December 06th 2023
Wealthy Auckland buyers who can afford $2 million plus houses have returned to the market in force.
Wednesday, November 29th 2023
ANZ is predicting house prices to fall 0.4% over the rest of the year, versus the 0.2% rise it had previously forecast.
Thursday, November 02nd 2023
CoreLogic’s latest national House Price Index (HPI) shows the national downturn is officially over with a total peak to trough decline of about $138,000 or 13.2% from the record highs of late 2021.
Tuesday, October 10th 2023
Growth in the property market is on the way up although at a gentle place.
Tuesday, September 26th 2023
ANZ reckons house prices will now lift 4% over the second half of this year. This is up 1% from its previous forecast of 3%.
Monday, September 18th 2023
As the residential market turns around from a deep downturn, properties for sale are spending less time on the market and prices have increased for the first time in 10 months.
Wednesday, September 13th 2023
The latest REINZ property market figures shows a convincing turnaround in fortunes.
Tuesday, September 05th 2023
More houses were sold by Barfoot & Thompson, Auckland biggest residential agency, last month than in the March last year.
Tuesday, August 29th 2023
House prices in New Zealand are among the most unaffordable in the world.
Monday, August 21st 2023
The floor for the property market seems to have arrived more or less with migration, but it is patchy.
Thursday, August 17th 2023
House prices stabilised earlier than the Reserve Bank was expecting which is one of the reasons why the central bank raised slightly its forecast track for its official cash rate (OCR), it says in its latest monetary policy statement.
Tuesday, August 15th 2023
The winter chill has been taken off the housing market, the latest REINZ data show.
Tuesday, August 08th 2023
The bottom of the housing market beckons, with the nation’s three-month rolling rate of decline dropping for the fourth straight month.
Friday, July 21st 2023
A Reserve Bank discussion paper by researcher Andrew Coleman argues that temporary surges in house prices are often caused by interest rate movements.
Friday, July 21st 2023
Rising property sales are starting to bite into the country’s stock levels leading to house price rises.
Thursday, July 13th 2023
Kiwibank is forecasting annual gains in the housing market of 2% by the first quarter of next year, before hitting a high of 6% by the middle of the year.
Thursday, June 29th 2023
The ANZ Bank says the latest data supports its assessment the housing market is tightening, which will lead to a 3% plus pick-up in house prices through the rest of this year.
Tuesday, June 20th 2023
Average asking prices for West Coast houses have dipped for the first time in the post-covid property market, Trade Me’s May Property Price Index shows.
Wednesday, June 14th 2023
House prices in dozens of suburbs across the country have risen in the past three months.
Tuesday, June 13th 2023
In Auckland, the country’s biggest housing market, the average house value has dropped by $282,647 since the beginning of last year.
| Unity | 6.99 |
| Heartland Bank - Online | 6.99 |
| ICBC | 7.05 |
| SBS FirstHome Combo | 7.05 |
| China Construction Bank | 7.09 |
| Co-operative Bank - First Home Special | 7.10 |
| Wairarapa Building Society | 7.15 |
| Co-operative Bank - Owner Occ | 7.30 |
| Kiwibank Special | 7.35 |
| BNZ - Classic | 7.35 |
| TSB Special | 7.39 |
| China Construction Bank | 6.75 |
| Heartland Bank - Online | 6.85 |
| ICBC | 6.85 |
| Wairarapa Building Society | 6.94 |
| Unity | 6.99 |
| Westpac Special | 6.99 |
| Kiwibank Special | 7.05 |
| ASB Bank | 7.05 |
| BNZ - Classic | 7.05 |
| AIA - Go Home Loans | 7.05 |
| Co-operative Bank - Owner Occ | 7.05 |
| China Construction Bank | 6.40 |
| Westpac Special | 6.49 |
| ICBC | 6.49 |
| AIA - Go Home Loans | 6.69 |
| BNZ - Classic | 6.75 |
| ASB Bank | 6.75 |
| Kiwibank Special | 6.79 |
| SBS Bank Special | 6.79 |
| TSB Special | 6.79 |
| Co-operative Bank - Owner Occ | 6.85 |
| Kainga Ora | 6.99 |
| SBS FirstHome Combo | 6.19 |
| AIA - Back My Build | 6.19 |
| ANZ Blueprint to Build | 7.39 |
| Credit Union Auckland | 7.70 |
| ICBC | 7.85 |
| Heartland Bank - Online | 7.99 |
| Pepper Money Essential | 8.29 |
| Co-operative Bank - Standard | 8.40 |
| Co-operative Bank - Owner Occ | 8.40 |
| Kiwibank | 8.50 |
| Kiwibank - Offset | 8.50 |
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