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Market Updates

Brisbane houses
NZ vs Australia: A property comparison
With house prices now falling significantly in Australia, the inevitable question is beginning to arise: “will the downturn spread across to NZ?” We’re not convinced that it will, for three main reasons.

5 Dec 2018

RBNZ keeps the Official Cash Rate (OCR) on hold at 1.75% for the 14th consecutive time.
Today the Reserve Bank (RBNZ) kept the official cash rate (OCR) on hold at 1.75% for the 14th consecutive time. And although other factors (e.g. higher offshore interest rates) may eventually win out, for now, the predicted flat-track for the OCR until late 2020 suggests that this period of low domestic mortgage rates is far from over yet. (read more)

8 Nov 2018

OCR Announcement

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Brisbane houses
NZ vs Australia: A property comparison
With house prices now falling significantly in Australia, the inevitable question is beginning to arise: “will the downturn spread across to NZ?” We’re not convinced that it will, for three main reasons.
5 Dec 2018
CoreLogic awarded Service Provider to the Insurance Industry
We're excited to announce that CoreLogic has been awarded the Service Provider to the Insurance Industry award at the 2018 New Zealand Insurance Industry awards.
3 Dec 2018
NZ homes achieve over $3B in re-sale gains last quarter.
NZ’s latest Pain and Gain results are out, and once again we’ve seen large gross profits being made by resellers and minimal gross losses. Almost 96% of all NZ properties sold during 1 July 2018 - 30 September 2018 enjoyed a re-sale gross profit, for a total resale gain of $3Billion - a median gain of a very...
2 Dec 2018
Commercial Market Update - Wellington Cityscope
The latest research from Wellington Cityscope shows that commercial property sales have increased slightly in total sales value in the last quarter. For the three months to October 2018, there were 23 sales at a total value of $271.2 million, compared to the 29 sales at a total value of $227.7 million for the...
26 Nov 2018
RBNZ keeps the Official Cash Rate (OCR) on hold at 1.75% for the 14th consecutive time.
Today the Reserve Bank (RBNZ) kept the official cash rate (OCR) on hold at 1.75% for the 14th consecutive time. And although other factors (e.g. higher offshore interest rates) may eventually win out, for now, the predicted flat-track for the OCR until late 2020 suggests that this period of low domestic...
8 Nov 2018
OCR Announcement
The Big One - Are you ready?
Against the context of a decent shake felt in the CoreLogic Wellington office, we cover off some essential emergency items and plans to review, plus discuss just how prepared Wellingtonians really are - including how to better understand whether your insurance coverage is adequate.
31 Oct 2018
Handshake
CoreLogic to acquire Symbility Solutions, with new standard of digital experience for insurers welcomed.
CoreLogic Inc has recently announced that it has entered into a definitive agreement to acquire Symbility Solutions.
25 Oct 2018
NZ Property Values outside Auckland
In this recent Real Estate Talk podcast, GM of Sales & Marketing - Peter Bromley, delivers an overview of the NZ property market, with a focus on what's happening outside of Auckland. It's a great listen.
22 Oct 2018
Aerial View Black White
New CoreLogic GM "excited" about future
A one year adventure to New Zealand has turned into 15 years for the new general manager of corporate sales for CoreLogic. Theresa Wells has recently moved into the role in just another step of her career at the data and analytics company.
9 Oct 2018
Is this the future of buying property?
Buying a property could look a lot different in the future as artificial intelligence and technology continue to develop. Think beyond online forms and digital signatures and envisage borrowers receiving home loan offers because they’ve walked into an open home. CoreLogic Global Head of Technology, Greg...
4 Oct 2018
NZ Money
OCR announcement + latest lending figures = positive property market implications.
Today the Reserve Bank (RBNZ) kept the official cash rate (OCR) on hold at 1.75% for the 13th consecutive time. Along with yesterday’s figures showing that new lending flows are still slowly rising, the property market implications are positive.
27 Sep 2018
CoreLogic couple signing with agent
New Zealand real estate agents rate highly with sellers - 64% give thumbs up to service
CoreLogic has today released the 2018 Perceptions of Real Estate Agents Report, resulting from a nationwide survey of homeowners, with all regions represented. The fascinating findings signal to NZ’s real estate industry that agents are rated as excellent practitioners of their craft, with high scores in...
27 Sep 2018
CoreLogic Peter Bromley
Introducing Peter Bromley, CoreLogic Executive GM of Sales and Marketing
Recently appointed as CoreLogic Executive GM of Sales and Marketing, Peter Bromley has a long-standing management and sales career, leading teams in financial services, real estate and more recently, data.
26 Sep 2018

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