News & Research

This month we keep it nice and short, checking in on listings and sales volumes and musing possible LVR changes and the relevance of CVs.

The Best of the Best report covers suburb-level measures used by CoreLogic to determine property market performance across the year, ranging from property value growth to rental yields. In addition to the material provided here, detailed suburb-level data can also be accessed via an interactive geographic...

It’s been another fascinating year for NZ’s property market in 2018. With volumes low (but stable) and values generally showing consistent growth across the country (expect for Auckland and Christchurch), a lot of the market interest has focused on government policy and measures to stifle property...

Investors remained active in the residential property market in November, according to the latest CoreLogic Buyer Classification data, which shows that they are not yet deterred by government measures such as the looming ring-fencing for tax relief on rental property losses. The recent momentum also makes it...

As thoughts turn to the anticipated end-of-year break, we were curious as to how property has performed in some of NZ’s key holiday areas. Generally speaking, the areas we’ve looked at have been busy in terms of sales, with days to sell reasonably low. On top of that, value growth has also tended to be pretty...

The November CoreLogic QV House Price Index found that property values in New Zealand grew by 1.3% over the last three months. Auckland remains a key influence and while its quarterly growth hit the positives (0.1%) for the first time this spring, the long term trend of no effective growth in two years...

New lending data released this week highlights low non-performing loan ratios and a still-cautious approach by the banks. As expected, the Reserve Bank of New Zealand also announced a further softening of LVR rules. This may provide a kick-start to sales volumes provided more borrowers can secure loans, but...

Locations with the biggest house price increases over the past year have also generally had the strongest employment growth, with Otago/Dunedin being a prime example. At the other end of the spectrum, both employment growth and house prices have been softer in Canterbury and Christchurch.

This month we keep it nice and short, checking in on listings and sales volumes and musing possible LVR changes and the relevance of CVs.

The latest CoreLogic Buyer Classification series shows that property investors remained active in October. The figures were possibly boosted by overseas buyers rushing to beat the foreign ban, but they nevertheless still illustrate that extra government regulations in the rental property sector aren’t scaring...

The relevance of CVs (Capital Values) has been questioned recently. It’s not the first time and I’m sure it won’t be the last, but the one thing I think we have to come back to is that CVs are a great anchor point for market value and, either consciously or sub-consciously, pretty much everyone in the market...

Property values in the capital have picked up the pace again in the past few months, despite the rise of 45% already seen in the past three years (bringing the Capital’s average value to more than $800,000). The bounce in values can be explained by a number of underlying drivers, but the key thing is simply...

Over the past 6-7 years, it’s been possible for property owners to ‘earn’ more from their property’s increasing value than through employment. Of course, it’s only a cash profit if they actually sell their property and either relocate to a cheaper area, downgrade to a lesser value home, or exit the market...