News & Research

July House Price Index illustrates property market resilience post-COVID

According to the July 2020 QV House Price Index (HPI) results out today, property values recorded a marginal increase, up 0.2% over the month. This is somewhat of a turnaround from June, after the national index edged 0.2% lower.

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Housing Market Update - June 2020

Well, here we are in level one! Almost as fast as we went into lock-down it feels like we’ve jumped back to normal life. And it looks like market activity is heading back to some sort of normality too.

Why we shouldn’t completely ignore migration as a continued support for property

Since COVID-19 has set in, many commentators have argued that net migration is set for a long collapse and that this will remove a key leg from the property market.

Investors’ interest in property remains solid

It goes without saying that recent months have been a hugely distorted period for the property market. But deals have still been done, and CoreLogic’s Buyer Classification figures show that investors have remained key players in terms of market share (albeit a lower number of deals).

It’s still expensive to get that extra bedroom

The difference in values between three bedroom and four bedroom properties hasn’t really changed in the past year, and is at least $125,000 in each of the main centres (and more than $350,000 in central Auckland). So it’s still not going to be easy for people who want more space (e.g. to work from home) to...

The risks that surround us

Four months ago, I wrote a piece focusing on the possible impacts of COVID-19, noting the 85,000 cases and 2,500 deaths that had occurred at the time. Those numbers sounded bad but pale compared to today's statistics. What isn’t reported so widely is that globally, the insurance industry will take an...

Which property types provide the best rental yields?

In the coming months, there are likely to be some ‘bargains’ on offer for property investors, although a slowdown in value growth may well mean more emphasis on a property’s rental yield.

Property values showing loss of momentum, but full picture still unclear

According to the May 2020 QV House Price Index (HPI) results out today, the momentum in the property market prior to the pandemic has since been lost. However, with the number of residential property sales extremely low through April and May, a clear and timely understanding of the housing market performance...

Commercial Market Update - Auckland Cityscope May 2020

The latest research from Auckland Cityscope shows that property sales value have increased over the past three months.

Profit making resales rise to 97 % over March 2020 quarter

Over the first quarter of 2020, the proportion of profit-making resales across New Zealand was 96.9%, rising from 95.8% in Q4 2019, with a median gain of $223,000, rising from $222,000 over the previous quarter.

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Lockdown drives mortgage slump in April

The Reserve Bank (RBNZ) has reported that mortgage lending flows in April were about 50% lower than a year ago, with refinancing likely to have fallen less than new loans and transfers from other lenders. The shift to interest-only lending, which started in March, continued in April too. Since we moved down...

Gold nuggets from our podcast guests

The CoreLogic ‘NZ Property Market Podcast’ has been running weekly since February, covering all of the relevant economic and property market facts and figures in a complementary format to our regular written publications. Some of the episodes have also featured high-profile guests.

Servicing the need for better flood data in New Zealand

Flooding is the most frequently occurring natural hazard in New Zealand and one of the most costly. Hundreds of thousands of people and billions of dollars’ worth of property are at risk from flooded rivers and rising seas.

Reserve Bank steps up yet again

Today’s decision by the Reserve Bank (RBNZ) to keep the official cash rate (OCR) at 0.25% came as no surprise. The expansion of its asset purchase programme from $33bn to $60bn was also widely picked in advance by economic commentators, and is another welcome move by the RBNZ, as it steps up yet again to...

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CoreLogic NZ Proudly Announces A Large-Scale New Zealand Imagery Data Update

Head of Geospatial Solutions, Matt Lythe comments: “This imagery update covers over 1million NZ properties - that’s approximately 45% of NZ. It’s part of an ongoing programme, demonstrating CoreLogic’s commitment to provide the best available data to our clients”.

Address Accuracy. How Hard Can It Be?

Surely every property has a letterbox assigned to an officially recognised street, suburb, city and postcode? Getting your promotional offers, customer communications or actual products and services to the correct home should be a straight forward process, right?

Securing Your RPNZ Account - New Login Page Coming Soon

There are some changes coming to the way you login to RPNZ. In mid-May, we're rolling out a new Login page which may impact the way you login to our site.

Property Pro Update: Enhanced Search Filters And Map View

The latest Property Pro release for iOS makes it even easier to search for properties and filter results. Please note, these updates are available currently on iOS, with a release to Android in the works.

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Know The Numbers, Be The Expert. Introducing Market Trends For Property Pro

Download Property Pro for iOS or Android now! Check out our PDF release notes for this update. Giving you Market Insights at your fingertips, you now have front row seats to navigate the property market with unprecedented ease of access to the power of CoreLogic’s Market Trends.

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Property Pro App Now Available For Android Devices

We’re really pleased to announce that Property Pro for Android has just been released and is now available from the Google Play Store. Download a walkthrough of Property Pro's features. Following in the footsteps of our much-loved iOS app, Property Pro delivers data and market insights.

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CoreLogic Launches Next Generation Property Valuation Model In NZ

CoreLogic has launched major enhancements to its Automated Valuation Model (AVM) that improves accuracy by greater than 6% signalling the company’s ongoing commitment to NZ’s real estate industry.

New Zealand’s Digital Addressing Twin

A digital twin is a digital companion to a physical asset or network of assets. Conceptually a digital twin is an up-to-date and accurate copy of a physical object's properties and states, including shape, position, status and motion.

Company News

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CoreLogic NZ Proudly Announces A Large-Scale New Zealand Imagery Data Update

Head of Geospatial Solutions, Matt Lythe comments: “This imagery update covers over 1million NZ properties - that’s approximately 45% of NZ. It’s part of an ongoing programme, demonstrating CoreLogic’s commitment to provide the best available data to our clients”.

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Press Release: CoreLogic Technology Behind NZ Roading Decisions

CoreLogic NZ today announced a multi-year agreement with the New Zealand Transport Agency, in a milestone deal which will lead to significant efficiency gains for NZ’s roading infrastructure and its governing bodies.

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Survey: Vendor Perceptions Of Real Estate Agents

CoreLogic is currently researching Kiwi perceptions about real estate agents, with a new survey focusing on understanding experiences when selling property and how well agents are meeting consumer expectations. The NZ survey builds upon research conducted by CoreLogic in Australia, which found that while real...

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How Do Property Sellers Feel About Real Estate Agents? New Survey Seeks To Learn The Truth

Data for a landmark new survey to understand how property sellers feel about real estate agents is currently being collected by CoreLogic. The survey into Kiwi agents will seek to understand the experiences of consumers when selling their property and how well (or poorly) agents are meeting customer...

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CoreLogic Welcomes Bruce Wiggins To Our Team

Bruce Wiggins has joined property data and analytics provider CoreLogic in their Valuation Risk & Compliance team.

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Press Release: Vero Insurance Implements Ground Breaking Symbility Solutions Claims Platform

Vero Insurance, part of Suncorp New Zealand, has partnered with CoreLogic to implement Symbility Solutions, a platform that will automate the claims process, and improve the claims experience for customers.

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Spatial Professional Of the Year Finalist – Chris Weir, CoreLogic NZ

CoreLogic is celebrating the well-deserved recognition of Chris Weir - Principal Architect, who has been named as a finalist in the ‘Professional Of The Year’ category at the 2017 New Zealand Spatial Excellence Awards (NZSEA).

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CoreLogic Launches Next Generation Property Valuation Model In NZ

CoreLogic has launched major enhancements to its Automated Valuation Model (AVM) that improves accuracy by greater than 6% signalling the company’s ongoing commitment to NZ’s real estate industry.

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CoreLogic Announces The Passing Of President And CEO Anand Nallathambi

March 03, 2017, Irvine, Calif. – CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, announced today that President and CEO, Anand Nallathambi, passed away on March 2, 2017, after a brief illness. “On behalf of the CoreLogic Board of...

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CoreLogic Location Intelligence Set To Roll Out Across Asia-Pacific

CoreLogic NZ Ltd is delighted to have recently received accreditation to the New Zealand Partnerships for International Development Fund (Partnerships Fund) with the Ministry of Foreign Affairs and Trade (MFAT).

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CoreLogic Named As NZ Spatial Excellence Awards 2016 Finalist

We’re delighted to announce that CoreLogic has been named as a finalist in two categories of the New Zealand Spatial Excellence Awards 2016.

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Auto & General To Launch Home Claims System From CoreLogic & Symbility

Auto & General is the first Australian insurance provider to implement an advanced home insurance claim workflow and estimating system, in partnership with data and analytics company CoreLogic and cloud-based software group Symbility Solutions.

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CoreLogic Named Among FinTech Top 100 Companies

CoreLogic are pleased to be named in IDC Financial Insights FinTech Top 100 companies for a fourth consecutive year, coming in at number 17 for 2014.