Queenstown was the only main part of the country to really see any noticeable drop in property values after lockdown, but those falls have now been reversed.
The NZ property market has shown no signs of letting up through the final month of the year, with near-record growth registered across the country, according to the most complete and robust measure of property value change, the CoreLogic House Price Index (HPI).
Given that property listings are likely to remain tight into 2021, and that low interest rates are both encouraging borrowing and reducing the incentive to hold cash in the bank, the direction of travel for the housing market will probably remain upwards for at least the first half of next year (assuming no...
New Zealand is in the middle of an unexpected, unpredicted property boom – so who is getting the biggest Christmas present in the form of equity increases?
Once aspiring homeowners have raised their deposit and actually made a purchase, servicing the average mortgage is cheaper than it has been in the past. The problem, of course, is getting that deposit together in the first place – currently taking 8.6 years of saving, versus the average of 7.5.
The NZ property market is one of the most talked about topics right now. Open letters, debate, finger pointing, helpful suggestions – there’s no shortage of any of these things. And the latest CoreLogic House Price Index (HPI) is likely to only add fuel to the fire.
Mortgage lending flows remained very strong in October, with low-deposit investors again a key feature – reaffirming why the Reserve Bank (RBNZ) has jumped early with their plan to reinstate the loan to value ratio rules.
Our Q3 2020 Pain and Gain Report provides more evidence of a strong bounce-back in the residential property market, with profit-making resales increasing nationally to 96.8 per cent or a median national resale gain of $229,000.
It’s definitely been an interesting few weeks in the age-old debate about investors vs first home buyers and who might be preventing who from entering the property market.
Once you adjust population growth for the average size of a household, the change in the dwelling stock in both Selwyn and Christchurch over the past five years has been pretty much in line with what has been required.
Mortgage lending flows remained very strong in September, with the figure of $7.3bn almost $2bn higher than the same month last year.
Trying to determine a sum insured for commercial building cover can be an expensive exercise at best…or an inaccurate guesstimate at worst. But with CoreLogic’s new Cordell Commercial Estimator, rebuild costs can be estimated quicker and easier than ever – creating a better experience for NZ insurers, brokers...
CoreLogic has launched a new design in RPNZ, with a range of exciting features designed to help you and your team work more efficiently.
Emap is a map-centric property research tool that lets businesses integrate and overlay their own data with CoreLogic’s geographic, land and property data, enabling the visualisation of complex information to create real insight.
At CoreLogic, we’re taking our data capabilities to the next level so we can better support our geospatial clients throughout New Zealand.
Our dedicated team of GIS specialists help to make our data what it is, and are the reason it is relied on by so many NZ organisations, including the Emergency Services.
New Zealanders tend to re-evaluate their insurance needs when they change properties or after a poor claims experience. With insurance typically being a grudge purchase, once a property owner has chosen a provider it’s unlikely that they’ll revisit their sum insured amount, even if their circumstances change...
CoreLogic has recently enhanced its data so we can now provide more granular flags to identify Earthquake and Building Act instruments, to help insurers identify affected properties.
Mother Nature’s unpredictability is just a part of life in NZ, which is why property insurance is so vital. So how can insurers make sure their clients have the right level of cover? It all comes down to the accuracy of their property rebuild estimates – and that means using the best tools available.
As we progress in the digital age, it seems appropriate that the property report is also updated to provide the benefits that a truly digital format can provide. We have been working behind the scenes to launch a new, dynamic report version and are happy to tell you that, subject to your subscription...
In today’s business environment, insights could and should be the most powerful tools you have – whatever business you’re in.
Over 700,000 New Zealanders and 400,000 buildings are currently at risk from river and coastal flooding. Being able to plan for potential flood hazards can make all the difference – and not just to the home owners at risk.
CoreLogic International today announced the appointment of Simone Moors to lead New Zealand as Country Manager. A globally experienced, senior business leader in sales, client relationship management (enterprise and government), partnerships and marketing, Simone has worked across multiple industries...
Leading property data and analytics company CoreLogic has today announced its backing of emerging technology businesses in real estate through Taronga Ventures’ RealTechX program.
Today property data powerhouse, CoreLogic, announced it has joined forces with Munich Re, one of the world’s leading reinsurers, to offer the most comprehensive view of the impact of climate change to individual properties in Australia and New Zealand.
A new renovation calculator launched by Suncorp, and powered by CoreLogic, is helping keen renovators to estimate the cost of home renovations, according to the room and renovation type being considered.
ValConnect Upload Portal is a new solution, launched by CoreLogic, designed to assist valuers effectively conduct remote valuations to ensure the flow of lending can continue in the COVID19 environment.
For CoreLogic employees, the concept of home is more than just a safe haven. The NZ property market also drives revenue results for the data and analytics company, therefore personal incomes and ultimately, security.
Market-leading property data and analytics group CoreLogic has announced the appointment of Ben Speedy as Executive, New Zealand, taking up the Head of Country role effective 25 February. He will join the CoreLogic International Executive Team, reporting directly to CEO International Lisa Claes. He will be...
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.
CoreLogic Inc has recently announced that it has entered into a definitive agreement to acquire Symbility Solutions.
This week, CoreLogic hosted 22 of Australia’s leading developers from the Queensland Urban Development Institute of Australia Study Tour in Auckland. The group received insightful commentary on the NZ market, delivered by keynote speaker: Head of Research, Nick Goodall. This was followed by a Q&A session,...