News & Research

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.

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...

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

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.

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...

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.

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.

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...

In the coming months, all parts of the country are likely to feel some degree of property pain.

According to the CoreLogic QV April 2020 House Price Index results out today, momentum in the property market continued right up to the level four COVID-19 enforced lockdown.  What’s less clear is how property values have performed through April.

The value of real-time data right now is at an all-time premium. Given the role investors play in our property market, they are an important group to gauge sentiment, as we navigate one of the most uncertain periods of our lives. 

Housing construction costs rose 1.0% over the March quarter; the 11th quarter of the past 13 where construction costs have risen across New Zealand.

Mortgage lending in March was higher than the same month a year ago, but the pace of growth has slowed – not surprising, given the increase in economic uncertainty through March and then of course the alert level four lockdown from the 25th. In the months ahead, mortgage lending is likely to weaken further,...