283 results found:
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- Asset Name: First home buyer market share sets new record
- Overview Text: Interest rate hikes and turbulent property market conditions through 2023 did little to deter first home buyers (FHB), whose market share hit a new record high at 27% in the final months of the year.
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- Asset Name: Property values rise 0.4% to kick off 2024
- Overview Text: The CoreLogic House Price Index rose for the fourth month in a row in January, although the 0.4% increase was a deceleration in the pace of gains on both November (0.7%) and December (1.0%).
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- Asset Name: Property sale volumes remain erratic
- Overview Text: High mortgage rates continue to pressure the housing market, contributing to patchy volumes month to month, and January sales activity reaching its second lowest level in about 40 years, according to CoreLogic's February Housing Chart Pack.
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- Asset Name: No OCR change… for now
- Overview Text: Chief Property Economist Kelvin Davidson unpacks the February cash rate decision and Monetary Policy Statement, and what it means for the housing market.
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- Asset Name: Soft start to 2024 extends into February
- Overview Text: National home values rose 0.3% in February, continuing the decelerating trend seen since December, CoreLogic's House Price Index shows.
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- Asset Name: Housing recovery spreads to nearly 60% of NZ suburbs
- Overview Text: Property values rose in almost three-fifths (58.7%) of New Zealand suburbs over the past three months, illustrating the slow and steady spread of the country’s market recovery.
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- Asset Name: 4 x Townhouses Sold from a Digital Campaign
- Overview Text: Gus asked Plezzel to create a digital advertising campaign that featured the key attributes of the development including the high-quality design, proximity to the CBD, and stamp duty savings, and targeted the right buyers.
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- Asset Name: Property market recovery is losing steam
- Overview Text: Falling property values across a growing number of New Zealand suburbs over the past three months highlights an emerging dip in market momentum.
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- Asset Name: ‘Movers’ could be a group to watch
- Overview Text: The surge in available listings in New Zealand’s residential housing market is reshaping buyer options, with relocating owner-occupiers (movers) showing early signs of a comeback.
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- Asset Name: NZ construction costs fall for the first time in more than a decade
- Overview Text: New Zealand's residential construction industry experienced its first recorded drop in the cost to build a new house in at least 12 years, with the latest Cordell Construction Cost Index (CCCI) revealing a 1.1% decrease in the three months to June.
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- Asset Name: Property resale profits dip as market shifts in buyers’ favour
- Overview Text: The resale performance of residential real estate has deteriorated slightly through the first quarter of 2024, as stretched affordability and high mortgage rates weigh on activity, and rising listings push pricing power into the hands of buyers.
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- Asset Name: House prices flatten in April
- Overview Text: Home value growth in Aotearoa New Zealand stalled in April, with the 0.1% dip indicative of the indecisive nature of the property market at present.
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- Asset Name: Reserve Bank sticks firmly to the script
- Overview Text: Chief Property Economist Kelvin Davidson unpacks the February cash rate decision and Monetary Policy Statement, and what it means for the housing market.
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- Asset Name: What’s behind NZ’s townhouse boom?
- Overview Text: Chief Property Economist Kelvin Davidson explores the driving forces behind New Zealand’s decade-long house-building boom.
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- Asset Name: Property values down 2.5% from cyclical peak
- Overview Text: CoreLogic's updated, hedonic Home Value Index (HVI) showed a 0.5% fall in values across NZ in July - the fifth monthly fall in a row - taking the total decline from February's 'mini peak' to 2.5%.
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- Asset Name: Rate cuts haven’t pumped up house prices yet
- Overview Text: CoreLogic's hedonic Home Value Index (HVI) showed another subdued month for the property market in September, with values down by a further 0.5%. That was the seventh monthly fall in a row.
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- Asset Name: Subtle turning point for property sellers
- Overview Text: New Zealand’s property market is showing early signs of a gentle turnaround, giving resellers a glimmer of renewed leverage after a prolonged downturn.
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- Asset Name: Housing market close to a trough
- Overview Text: Property values in Aotearoa New Zealand edged -0.1% lower in January, marking the fifth month in a row with limited movement.
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- Asset Name: Construction conditions look set to improve in 2025
- Overview Text: The cost to build a ‘standard’ single storey three bedroom, two-bathroom standalone dwelling* in NZ increased by 0.6% in the three months to December, half the 1.1% growth seen in the third quarter of 2024 and also below the long-term average quarterly rise of 1.0%.
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- Asset Name: Slowing rate of decline signals potential value floor
- Overview Text: Property values in New Zealand fell -0.5% in October according to CoreLogic's hedonic Home Value Index (HVI) - the eighth drop in a row. This takes the total decline in values since February to -5.1%.
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- Asset Name: Investing in your success: New Property Guru’s latest updates
- Overview Text: As we approach the end of 2024, this has been a transformative year for the new Property Guru. Our commitment to continually improving and investing in the platform reflects our dedication to adding value and helping people build better lives.
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- Asset Name: More property sellers face losses amidst weak market
- Overview Text: New Zealand’s property market remains subdued, with a rising share of sellers incurring losses amid higher listing volumes, falling house prices, and persistent economic challenges.
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- Asset Name: Getting the OCR down quickly
- Overview Text: Chief Property Economist Kelvin Davidson unpacks the February cash rate decision and Monetary Policy Statement, and what it means for the housing market.
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- Asset Name: Investors take a fresh look at the NZ property market
- Overview Text: Mortgaged multiple property owners (MPOs) remain less active than usual, but there are early signs that some are starting to return – a signal that ‘mum and dad’ investors might be starting to see value in the NZ property market again.
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- Asset Name: NZ property values return to growth in February
- Overview Text: Property values in Aotearoa New Zealand rose by +0.3% in February, the clearest sign yet that 2024’s ‘mini downturn’ has come to an end and that 2025 will likely see modest growth.
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- Asset Name: Supporting Athena to reduce home lending risk
- Overview Text: As an innovative lender in a competitive market, Athena is always looking for an edge to enable it to provide customers with some of the best rates on the market. It is able to do this and help customers make informed decisions through its partnership with CoreLogic.
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- Asset Name: The next upturn is slowly building
- Overview Text: Property values in Aotearoa New Zealand rose by +0.5% in March, after a +0.4% lift in February, and a flat result for January.
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- Asset Name: Buyer power dynamics are changing
- Overview Text: In this week's Pulse, Chief Property Economist Kelvin Davidson looks at CoreLogic's Buyer Classification data over the quarter, which showed a slight pullback by first home buyers (FHBs) while mortgaged investors gain ground.
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- Asset Name: Powering 86 400's First Home Loan
- Overview Text: 86 400 is a mobile-first bank that uses smart technology to show their customers the most relevant information about their spending, savings and bills so they can plan forward, as well as look back at their spending history. Plus, with some help from CoreLogic, they now also offer home loans.
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- Asset Name: Addressing climate change, financial stability and property in New Zealand
- Overview Text: For many New Zealanders, their home is the biggest investment they’ll ever make. Because of this, the increasing physical impact of climate events such as storms and flooding on property has significant implications for Kiwis and communities, as well as the financial sector and broader economy.
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