Research News

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,...

The New Zealand property market had been strengthening over the first quarter of 2020, but of course the alert level 4 lockdown introduced in late March then saw the market dry up. From Tuesday, however, activity should rebound.

Due to New Zealand having been in lockdown since 25th March, it’s absolutely no surprise to see that CoreLogic’s real-time indicators of property market activity (e.g. agent appraisals generated, valuations ordered by lenders) have been weak lately. But with alert level three set to start at midnight Monday,...

The latest CoreLogic Buyer Classification data shows that investors, both mortgaged and non-mortgaged, were providing a lot of the momentum in property transaction activity pre-lockdown. First home buyers were also hanging on relatively well. However, these are now just the baseline figures against which...

Investors have been key players in the property market since mid-2019, but they will also be facing a significant impact on their returns over the coming weeks and months. Queenstown and Gisborne are two examples of areas that have recently seen high investor activity and could now therefore be more affected...

On 18th March, we wrote an article covering ten key points to be aware of in relation to COVID-19, the economy, and the property market. That article proved very popular, and given how much has changed in the past two weeks, it’s now necessary to provide another group of ten key points.