CoreLogic’s Pain and Gain Report for Q1 2021 found profit-making residential property resales between January and March 2021 increased to 98.9%; the highest reading in the 25-year history of the data series.
Our latest First Home Buyer Report indicates that Government intervention with tax policy changes to cool the residential investor market likely came at the right moment for first home buyers* (FHBs).
Housing construction costs surged 1.3% over Q1 2021, according to CoreLogic’s Cordell Housing Index Price (CHIP).
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 a further 3.1% over April.
March was another bumper month for mortgage lending activity, but the tighter loan to value ratio rules from 1st March (and effectively prior to that because of banks’ own actions) have already significantly curtailed the low-deposit investor flows, as would be expected. On top of that, the Government has of...
The CoreLogic Property Market & Economic Report for Q1 2021 reinforced the heated market conditions which led to the Government’s recent housing policy announcement.
Up to Q3 2020 first home buyers (FHBs) had actually had a strong property market share. But the rapid rise in values since then has caused them some ‘fatigue’, in terms of keeping up with deposit requirements – hence their share of purchases has dropped from 25% to 21%.
March was the third month in a row that mortgaged investors had a market share of 29%, or in other words it has been a sustained ‘record’ peak for their property purchasing activity.
With the dust now settling a bit on the new policy measures aimed at investors, the evidence suggests that the effects on the market may not be as significant as initially thought.
Last week’s announcement from the Government aimed at tipping the market balance in favour of first home buyers has dominated media coverage of the property market, and with the latest data showing continued value growth, it would appear the heightened attention is justified.
It was no surprise that the Reserve Bank’s stats on overall mortgage lending activity were strong again in February.
Today’s housing policy changes announced by the Government were pretty bold, especially the move to stop interest deductibility against tax for investors.
We’ve just released our latest CoreLogic NZ ‘Mapping the Market’ report, which uses location analytics and geospatial expertise to give a visual understanding of New Zealand’s property market.
Whether you’re a council wanting to dig deeper than your own record books for swimming pool compliance, a home insurer wanting to understand property characteristics remotely, an emergency services responder about to attend a 111 call, or even a pool products supplier wanting to promote a special upgrade...
Want to know if a property you are interested in has had any building consents issued? If you’re a Property Guru user you can see this information through the Building Consent Report, included at no charge with all Property Guru subscriptions
September sees the launch of v2 of the SmartList model for real estate in New Zealand, a joint venture with our data partner Quantium. With access to our property data, demographic data and economic data points, we are able to use advanced machine learning to predict ahead of time which properties are more...
CoreLogic has today released the ‘‘Mapping the Market’ report, a new interactive map of New Zealand’s property landscape which could ease pressure on people struggling to locate homes within their actual budget.
For all the talk of property boom and bust, of Auckland’s housing crises, of the ‘provincial pull’ as city dwellers opt for a more affordable lifestyle - there’s one critical group that’s never in the limelight. Yet without them, none of NZ’s property transactions could happen - because someone has to verify...
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”.
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?
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.
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.
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.
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...
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...
Bruce Wiggins has joined property data and analytics provider CoreLogic in their Valuation Risk & Compliance team.
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.
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).
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.
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...
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).
We’re delighted to announce that CoreLogic has been named as a finalist in two categories of the New Zealand Spatial Excellence Awards 2016.
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.
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.