Research News

Property market enters spring on the up

According to the CoreLogic House Price Index (HPI) for September, nationwide property values are showing signs of growth once again, increasing 0.8% over the month, after generally stalling since May.

30 Sep 2020

New CoreLogic Housing Affordability Report Finds Boost from Falling Interest Rates

From a housing affordability perspective, New Zealand has entered the current recession on a more stable footing than the previous economic shock of the GFC, according to the inaugural New Zealand Housing Affordability Report from CoreLogic.

1 Sep 2020

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Banks had another busy month in September

There was no let-up in mortgage lending flows last month, with another $7.3bn of activity taking place – almost $2bn more than the same month last year.

How has the property market tracked since the latest move back up (and down) the alert levels?

A fair period of time has now passed since we all went back up the alert levels to different degrees in mid-August, and the incoming data shows that the property market has largely carried on unaffected.

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Commercial Market Update - Wellington Cityscope October 2020

The latest research from Wellington Cityscope shows that commercial property sales volume has decreased significantly in total sales value from the last quarter.

Moving in

First home buyers take a record share of purchases in Q3

More than half of property purchases in the third quarter of the year were made by either mortgaged investors or first home buyers (FHBs), with existing owner-occupiers still pretty quiet. In fact, the share going to FHBs of 25% was their highest figure on record.

Migration & property: Kiwi demand likely to boost provinces

There’s no denying that border closures and the loss of non-citizen migration to NZ will dampen our population growth rate and the rise in housing demand. However, it’s also worth pointing out that the citizen/kiwi side of the migration ledger could remain well above previous levels (as arrivals tick over but...

Commercial Market Update - Christchurch Cityscope September 2020

The latest research from Christchurch Cityscope shows that commercial property sales’ value in Christchurch’s CBD has increased significantly in the past three months.

How’s Auckland’s property market travelling?

Despite the extra COVID challenges that Auckland has faced over the past month or two, its property market has continued to track steadily.

Property market enters spring on the up

According to the CoreLogic House Price Index (HPI) for September, nationwide property values are showing signs of growth once again, increasing 0.8% over the month, after generally stalling since May.

Mortgage lending shrugs off August’s move back up alert levels

Despite August being affected by the latest round of social restrictions, mortgage lending activity showed no clear effects. Indeed, lending flows last month were again significantly higher than a year earlier.

Low mortgage rates and no LVRs still benefitting investors

The share of property purchases made by mortgaged investors across July and August combined was 26%, continuing their rising trend of the past few years

The latest round of COVID-related events: what it might all mean for property

Even in normal years there’s never a dull moment when it comes to analysing the NZ housing market, and this year clearly isn’t normal.

NZ’s property market mapped: top performing suburbs

CoreLogic NZ’s latest ‘Mapping the Market’ (September 2020) report released today delivers location analytics and geospatial expertise.

Buyers are likely to continue to face limited choice

The most recent shift back up the alert levels in mid-August caused appraisals generated by real estate agents to drop again (albeit by much less than during April’s lockdown), with the flow of new weekly listings subsequently also staying muted.