News & Research

CoreLogic's July House Price Index (HPI) showed nationwide values increased by a further 1.8% over July, the same pace of growth as June but down on both April and May. CoreLogic’s Head of Research Nick Goodall says the gradual pace of slowdown may give the RBNZ some comfort to raise the OCR, without it...

In this discussion, CoreLogic NZ Head of Product Tom Coad chats to David Cunningham of The Co-operative Bank and James Brown of Fintech NZ about future-proofing success in the banking and finance industry with digital and capitalising on the accelerated digital use throughout the COVID-19 pandemic.

Given that we already knew property sales activity had been solid again in June, it was no surprise to see another busy month in the mortgage lending figures. One interesting aspect of the split by LVR/borrower type is that first home buyers basically have a monopoly on the money being lent out with less than...

Last week’s uptick in mortgage interest rates is just the latest influencing factor in the New Zealand residential property investment landscape, with the latest CoreLogic Property Market and Economic Update (Q2 2021) finding evidence that the market is close to – or at – a turning point.

Recent years have seen unprecedented change in the property space, due to wide-ranging factors like rapid market growth, the increasing prevalence of extreme weather events and a global pandemic. During these times of uncertainty, valuations have proven more important than ever.

No surprise the RBNZ kept the official cash rate at 0.25% today. But signs of tighter monetary policy and higher mortgage rates are on the way.

Over the past three months mortgaged investors’ share of property purchases has fallen and first home buyers (FHBs) have enjoyed an increase – although these patterns will still be due more to the 40% deposit requirement for investors rather than the March tax changes. First home buyers are using supports...

Across the wider Wellington area, including the City, Upper & Lower Hutt, and Porirua, the past five to six years have brought large increases in property values, following a reasonably long flat patch prior to 2015. Factors for this have included strong and broad-based demand (including first home buyers)...

According to the CoreLogic House Price Index (HPI), which is the most complete and robust measure of property value change in the market, nationwide values increased by 1.8% over June.

Following the activity and heightened interest in and around the national housing market, CoreLogic NZ has – for the first time – created a mid-year Best of the Best review. This halfway-point analysis takes a detailed look at suburb-level property data, and reveals the market upswing has not been Auckland or...

Across the main centres, the trade-up premium (gap in value between three and four bedroom properties) is at least $150,000 or so, and more than $400,000 in central Auckland.

According to the CoreLogic House Price Index (HPI), nationwide values increased by a further 2.2% over May. This is a slight reduction on the 3.1% growth rate witnessed over April.