Research News

Watch the CoreLogic Monthly Property & Economic Update for August 2018

Most of our main data measures are effectively tracking sideways at the moment. So with ‘nothing to see here’, it’s given me time to delve into the hot topics currently circulating the property market.

17 Aug 2018

House Values Since 2013: Smaller Equals Faster

Over the past five years, the value of two bedroom houses has grown by more than those in the 4-6 bedroom category across the majority of the country. Given the smaller deposits required in these times of low affordability and restricted credit flows, this pattern of value growth seems logical.

14 Aug 2018

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Watch the CoreLogic Monthly Property & Economic Update for August 2018

Most of our main data measures are effectively tracking sideways at the moment. So with ‘nothing to see here’, it’s given me time to delve into the hot topics currently circulating the property market.

House Values Since 2013: Smaller Equals Faster

Over the past five years, the value of two bedroom houses has grown by more than those in the 4-6 bedroom category across the majority of the country. Given the smaller deposits required in these times of low affordability and restricted credit flows, this pattern of value growth seems logical.

Why “Subject to Sale” Doesn’t Cut It Anymore And What The Agents Think

Ever had that delightful emotional rollercoaster of an experience when you see a property you love, but have to sell your existing home before you can buy it, so you put in an offer ‘subject to sale’ and cross your fingers that the deal doesn’t fall over?

Recent Economic Data Suggests A Steady Property Market

Employment growth remains high with the continued rise in dwelling consents also illustrating that there is strong demand for property. The prospect of low and stable mortgage rates into 2019 will also support property values.

The Building Consent Boom Continues

New Zealand is currently in the midst of one of the three biggest booms for building consents that we’ve ever had.

Who’s Actually Buying Property At Present?

Mortgaged investors have found the market somewhat tough going in the past few years, while first home buyers have retained a better hold. Further wariness by banks to lend interest-only may see these patterns continue for a while yet.

Wellington Recovers Strongly Despite Subdued Performances Across Main Centres

Property market performance across the main centres continues to be subdued based on July’s index, except in Wellington where a strong recovery was evident.

Quarterly Property & Economic Market Review Out Today

According to the June quarter CoreLogic New Zealand Quarterly Property Economic Market Review released today market conditions slightly weakened.

Greenfield Supply Data Highlights Rotorua’s Strength

Rotorua is experiencing a residential building upswing with several Greenfield sites coming through the pipeline. However, the demand outlook seems firm, so the new property will certainly be needed.

CoreLogic NZ Monthly Economic and Property Update July 2018

Watch the Monthly Property & Economic Update for July 2018

Let’s get into some stats for this month.

Kelvin Davidson: NZ Property Market Observations

My main observation from a few weeks travelling around the country is that people have just accepted that volumes and values have slowed and they are ‘moving on’. Caution is the word that probably best describes expectations for the next 12-18 months, rather than pessimism.

Which Suburbs Are Booming, Which Are Not

Lower-priced suburbs and/or those that have seen high turnover rates over the past year have tended to have seen the most value growth. Several of these are in the lower North Island. Weaker suburbs have been concentrated in Auckland and Christchurch – no surprises there.

NZ’s Regional Property Markets Are Doing OK…ish

The latest QV House index is out and for NZ’s regions; and according to CoreLogic Head of Research, Nick Goodall - the news is both good and bad.