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News & Research

What the latest OCR increase means for the property market

In advance of today’s official cash rate (OCR) decision from the Reserve Bank (RBNZ), analysts were able to be as certain of an increase as pretty much anytime in history. After all, inflation is well above target and employment very high (unemployment very low). The only conjecture was around whether the...

CoreLogic deepens investment in real estate solutions with acquisition of prop-tech firm AiRE

Leading independent property data and analytics provider CoreLogic International has acquired prop-tech firm AiRE, as part of its expansion across real estate technology solutions.

CoreLogic Pulse - Dunedin

New Zealand vendors continue to achieve record resale results

New Zealand’s property owners continued to achieve considerable gross profits from the resale of their home or investment property in the three months to September 2021 (Q3), largely due to low levels of supply on the market, high demand and attractive mortgage rates.

Quarterly housing construction costs rising at double the typical pace

Dwelling consents running at record highs coupled with supply chain disruptions and a shortage of materials has resulted in a continued strength in construction cost rises. The Cordell Construction Cost Index (CCCI), formerly the Cordell Housing Index Price (CHIP), reveals a national increase of 1.6% in the...

Record market share for NZ First Home Buyers despite boom conditions

New Zealand first home buyers have hit record high market share over the third quarter of 2021, despite tough market conditions and rapidly rising house prices. In the latest report we provide insight into what they’re buying, where they’re buying, and what prices they’re paying.