Research News

Despite COVID, snap lockdowns and border closures, Aotearoa’s widespread residential real estate resilience rolled on unabated in 2021, ending the year with value growth recorded across the entire country.

The Reserve Bank’s November mortgage lending data showed banks remained busy towards the tail end of 2021. However, there are signs of an easing for low-deposit lending to owner-occupiers, and this will be a key trend to watch in 2022 as banks adjust to the new speed limit, Kelvin Davidson explores.

CoreLogic’s House Price Index (HPI) showed national property values rose 1.9% over December, a slight lift on November’s rate of growth (1.8%). The December reading closes out a record year for the Aotearoa property market, with 27.6% growth over the full calendar year exceeding the previous record of 24.4%...

Against a back drop of sharply rising home values, increasing mortgage and cash rates not to mention regulatory pressures and interventions, we release our annual Best of the Best 2021 report, the most comprehensive and significant analysis of residential property in the country. Read more to discover...

The signs that the total stock of listings on the market has embarked on a firm upwards trend are becoming much clearer. To be fair, across NZ as a whole, total supply is still relatively tight. But some key areas, such as Dunedin and Wellington, are loosening quickly. With unemployment still low and...

CoreLogic’s House Price Index (HPI) for November today showed nationwide values continued to increase. Nationally, property values were up 1.8% over the month, albeit at a slower rate than October (2.1%).

In advance of today’s official cash rate (OCR) decision from the Reserve Bank (RBNZ), analysts were able to be as certain of an increase as pretty much anytime in history. After all, inflation is well above target and employment very high (unemployment very low). The only conjecture was around whether the...

New Zealand’s property owners continued to achieve considerable gross profits from the resale of their home or investment property in the three months to September 2021 (Q3), largely due to low levels of supply on the market, high demand and attractive mortgage rates.

Dwelling consents running at record highs coupled with supply chain disruptions and a shortage of materials has resulted in a continued strength in construction cost rises. The Cordell Construction Cost Index (CCCI), formerly the Cordell Housing Index Price (CHIP), reveals a national increase of 1.6% in the...

New Zealand first home buyers have hit record high market share over the third quarter of 2021, despite tough market conditions and rapidly rising house prices. In the latest report we provide insight into what they’re buying, where they’re buying, and what prices they’re paying.

CoreLogic’s House Price Index for October showed nationwide values experienced the expected mini-bounce, with values up 2.1% over the month, the first time in six months that price growth accelerated.

Despite a ‘strange and distorted period for the NZ economy and property market’, the latest CoreLogic Property Market and Economic Update for Q3 2021 indicates that the market has peaked, with both sales activity and price growth set to ease further over the coming months.

This CoreLogic Market Pulse on the latest Buyer Classification stats show the downwards trend for mortgaged investors’ activity continues, as does the upturn for first home buyers – possibly given an extra push into buying by the signs that rental growth has accelerated sharply.