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High mortgage rates and recession – a bad combination for property
Article

High mortgage rates and recession – a bad combination for ...

The RBNZ’s final Monetary Policy Statement (MPS) for 2022 surprised many due to their indication the country’s economic outlook is ...

One-year fixed mortgage rates of 7% or more on the cards
Article

One-year fixed mortgage rates of 7% or more on the cards

Given the evidence that inflation is proving tougher to stamp out than was previously expected, it doesn’t come as much surprise ...

Resale performance still solid, but weakening trend is clear
Article

Resale performance still solid, but weakening trend is clear

The resale performance of residential real estate has continued to deteriorate, as the wider property downturn affects the ability ...

NZ first home buyers find silver lining amid housing downturn
Article

NZ first home buyers find silver lining amid housing downturn

Despite buying activity among New Zealand first home buyers (FHBs) falling to its lowest level since 2011, market newcomers have ...

CoreLogic House Price Index shows housing values continue to fall in October
Article

CoreLogic House Price Index shows housing values continue to ...

The housing market downturn in Aotearoa NZ slightly eased in October, with values falling by -1.3% over the month after tracking ...

Almost a third of New Zealand homeowners not confident their property is adequately insured
Article

Almost a third of New Zealand homeowners not confident their ...

A new survey commissioned by independent property data and analytics provider CoreLogic NZ is giving detailed insight into ...

Solving the home insurance problem in Aotearoa New Zealand
Report

Solving the home insurance problem in Aotearoa New Zealand

New research commissioned by CoreLogic suggests that a significant proportion of “insured” residential property owners may not have ...

Property downturn deepens, but important differences remain to GFC
Article

Property downturn deepens, but important differences remain ...

Decade-low sales volumes and fast-falling home values have deepened the housing market decline however some key dissimilarities ...

Construction costs continue to rise, but peak growth may be nearing
Article

Construction costs continue to rise, but peak growth may be ...

CoreLogic NZ’s Cordell Construction Cost Index (CCCI) for Q3 2022 showed further acceleration in the rate of indexed growth in ...

One year of OCR increases, with more to come
Article

One year of OCR increases, with more to come

The Reserve Bank of NZ delivered another widely anticipated 0.5% increase in the official cash rate (OCR) today, taking it to 3.5% ...

House Price Index shows rate of decline in housing values eases in September, but downturn has further to run
Article

House Price Index shows rate of decline in housing values ...

The housing market downturn in Aotearoa NZ retained its negative momentum in September, with values falling by a further -1.5% over ...

New mortgage lending activity still very quiet
Article

New mortgage lending activity still very quiet

Gross mortgage lending flows remained soft in August, with low-deposit finance hard to secure – just 0.7% of investors got such a ...

First home buyers quietly returning to the market
Article

First home buyers quietly returning to the market

First home buyers (FHBs) accounted for 25% of property purchases in August, their highest market share since December last year.

Property values plunge in more than 80% of New Zealand suburbs
Article

Property values plunge in more than 80% of New Zealand suburbs

CoreLogic NZ’s interactive Mapping the Market tool, updated quarterly, provides insight into how the value of property varies ...

5 Ways Comprehensive Property Data Helps Inform Lending Strategies
Article

5 Ways Comprehensive Property Data Helps Inform Lending ...

In today’s competitive landscape, preliminary data sets are not enough. Lenders need a holistic view of New Zealand’s mortgage ...

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