News & Research

Making sense of it all: 10 key points about the property market and potential COVID-19 effects

Given the seismic changes of the past few weeks and days, it’s important to take stock and in this blog we’ve pulled everything together in terms of the property market implications of COVID-19, as well as the policy response from the Government and Reserve Bank. Here’s our take on recent events, both positive and negative, in ten points.

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Targeting customers that you don’t understand: measure, act, measure

Financial institutions are consistently trying to win new share. There is a struggle to differentiate, when the key lever is always price.

Lending speed limits on hold amidst signs of property upturn

As was the case with the official cash rate two weeks ago, the Reserve Bank (RBNZ) has decided to hold steady with the loan to value ratio (LVR) speed limits as they are.

Signs of an upturn in the housing market - CoreLogic Banking Blog

Well we’re almost at the end of another busy and fascinating year for NZ’s property market, one that’s involved plenty of legislative changes (and some high-profile about-faces, e.g. the scrapping of capital gains tax proposals) and different market movements around the country (gently falling Auckland...

95% of property resales see a profit – CoreLogic Pain & Gain Report out today

The latest CoreLogic NZ Pain & Gain report released today confirmed that over 95% of property resales in the three months to September made a gross profit (sale price higher than original purchase price), a stable result from the previous three months.

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2019-20 could be the ‘year(s) of the investor’

After the strength of first home buyers in 2017-18, the main story in the CoreLogic Buyer Classification data in the past few months has been the comeback by mortgaged investors. Due to factors such as low returns on other assets (e.g. term deposits) and eased serviceability testing by the banks, investors...

Still a 1% OCR; debt to income ratios have edged higher

In the end the Reserve Bank (RBNZ) took the cautious path and held the official cash rate (OCR) at 1%, at least for now (a cut could still come through in the New Year). Meanwhile, other figures that they released an hour after the OCR decision may also give the RBNZ reasons to be cautious. In particular, the...

CoreLogic QV October House Price Index: ‘Growth in the market continues’

The NZ housing market showed further signs of strengthening across the board in October with all main urban areas experiencing a lift in property values.

Empowering the customer: Being a responsible lender

The New Zealand financial landscape is changing. The concentration on compliance and responsible lending is pivoting institutions away from simply fighting for home loans to increase market share and profitability.

Commercial Market Update - Auckland Cityscope November 2019

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

CoreLogic Wellington Sunrise

Low listings flows highlight recent price strength around greater Wellington

Generally speaking, the parts of the country that have had a strong flow of listings over the past year have had muted value growth, including Te Kauwhata and Pokeno, both in the Waikato District.

Auckland listings rates: large variation across suburbs

Within Auckland, the CoreLogic Suburb Scorecard shows that Kumeu and Long Bay have had the highest shares (more than one in every five) of their housing stock listed for sale over the past year, and this choice for buyers will have been one factor behind falling property values in those areas.

Strong lending data shows influence of eased serviceability tests

After a lull in August, mortgage lending activity rebounded strongly in September – again driven by owner-occupiers, but this time with investors also showing signs of life. The figures suggest that the easing of the interest rates used for banks’ internal serviceability tests in late August has had an...

Commercial Market Update - Wellington Cityscope October 2019

The latest research from Wellington Cityscope shows that commercial property sales have increased significantly in total sales value in the last quarter. For the three months to October 2019, there were 21 sales at a total value of $194.2 million, compared to the 14 sales at a total value of $39.1 million for...

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CoreLogic's Jonno Ingerson On National Radio

Jonno Ingerson, CoreLogic's Director of Research, spoke on National Radio this morning about the state of the property market, especially in reference to Auckland.

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New Physical Address For CoreLogic

CoreLogic have moved and have a new physical address. We ask that you please update your records accordingly. Our new address is: CoreLogic NZ Limited Level 2275 Cuba Street Te Aro Wellington 6011. All other contact details remain unchanged including PO Box 4072, Wellington 6140.

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CoreLogic NZ Appoints New Country Manager

Stephen Mitchell has been appointed as Country Manager to CoreLogic NZ, a property information, analytics and geospatial services provider in New Zealand.

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PropertyIQ And Terralink Officially Merge

On 1 January 2014, PropertyIQ NZ Limited and Terralink International limited officially came together as CoreLogic NZ Limited. This comes after the Commerce Commission cleared the merger between the two businesses in November 2013.