Research News

According to the CoreLogic QV March 2020 House Price Index results out today, the average value of property across New Zealand rose by 0.8% over the month, taking the three-month change to 2.6%. The level of property values hit $728,276 last month – up by 6.1% from a year ago; the fastest rate of annual...

At CoreLogic our unique position as a data and analytics business allows us to capture, monitor and analyse a lot of data, particularly around industry sentiment. We pride ourselves on connecting the property ecosystem and that gives us access to daily flows of industry related data and relationships with a...

Mortgage lending flows rose again in February, with both owner-occupiers and investors recording increases. Of course, with COVID-19 really only kicking in domestically after February had ended, the bigger interest lies with March’s mortgage lending figures, due to be released 29th April. It is almost certain...

Given the seismic changes of the past few weeks and days, it’s important to take stock and in this blog we’ve pulled everything together in terms of the property market implications of COVID-19, as well as the policy response from the Government and Reserve Bank. Here’s our take on recent events, both...

The CoreLogic Buyer Classification data series showed that investors continued to maintain a strong share of property purchases in February, while by contrast, there were hints that first home buyers are showing fatigue. Of course, there have been seismic changes to all aspects of life in the past few weeks,...

CoreLogic’s latest Mapping the Market report shows that Wairoa has seen the largest % rise in median property values over the past year, however Dunedin dominates the list of suburbs with the largest increases in $ terms – e.g. almost $137,000 in Waitati. Meanwhile, the most expensive suburb in NZ, which is...

The CoreLogic Suburb Scorecard shows that the tightening in available listings across Auckland has been clear in suburbs such as Otara and Stanley Point. Meanwhile, days to sell has dropped in suburbs such as Glen Eden and Otahuhu. The overall message from these geographically granular indicators is that...

According to the CoreLogic QV February 2020 House Price Index results out today, the average value of property across New Zealand rose by 1.1% over the month, taking the three-month change to 2.6%. The average home is now worth $722,475 – up by 5.3% from a year ago, or more than $36,000. The annual increase...

The latest CoreLogic Pain & Gain Report released today takes a deep dive into the profits and losses across property resales for the December 2019 quarter. Conducted by Economist Kelvin Davidson, the Pain & Gain results delivers a proxy for the performance of the housing market by highlighting the magnitude...

The rise in mortgage lending in January wasn’t as strong as December, but it was still a very respectable result. Both owner-occupiers and investors continue to show a decent appetite to borrow, and the banks are able to approve these loans without needing to test the LVR speed limits. That said, high debt to...

Property and broader economic market insights have just become a whole lot more accessible thanks to the CoreLogic NZ Property Market Podcast hosted by research head Nick Goodall and economist Kelvin Davidson.

Well the property market has kicked into 2020 in much the same fashion it finished 2019. Average values continue to rise across the country, with the annual growth rate increasing to 4.4% at the end of January. That’s up from the 2.0% lull in June 2019, and the strongest annual growth rate since September...

This month we look at property value growth across the country with a particular focus on Dunedin. We also review the RBNZ’s first decision of the year – to hold the OCR flat, and ponder the year ahead – noting the potential impact of being in an election year.