Research News

Property values in New Zealand continued to grow at a modest pace for the 13th month in a row

The November CoreLogic QV House Price Index found that property values in New Zealand grew by 1.3% over the last three months. Auckland remains a key influence and while its quarterly growth hit the positives (0.1%) for the first time this spring, the long term trend of no effective growth in two years continues to illustrate the widespread unaffordability in our largest city.

5 Dec 2018

Watch the CoreLogic Monthly Property & Economic Update for November 2018

This month we keep it nice and short, checking in on listings and sales volumes and musing possible LVR changes and the relevance of CVs.

20 Nov 2018

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CoreLogic Dunedin

Property values across New Zealand’s major centres recorded a diverse performance in August

Property values across New Zealand’s major centres recorded a diverse performance in August, ranging from a 0.4% fall in Auckland to a 1.2% rise in Dunedin.

CoreLogic Auckland beach properties

The top suburbs for value growth since 2007

CoreLogic has identified that the 92 top performing suburbs for property value growth since the pre-GFC peak are all in Auckland, with Kelvin Heights (Queenstown) coming in as the number one non-Auckland suburb in 93rd position. According to research analyst Kelvin Davidson, whichever way you cut the data,...

Queenstown’s Property Stock Worth More Than Dunedin’s

Auckland, Christchurch, Wellington and Hamilton still top NZ’s population rankings, but fifth place now goes to Tauranga instead of Dunedin. But just because these six main centres are the biggest, they’re not necessarily always the most interesting (or indicative) in terms of property dynamics…which is...

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.

The Humble Town With NZ's Hottest Property Market

Humble Kawerau, sitting close to thermal springs and the tourist delights of Rotorua and the Bay of Plenty, has emerged as New Zealand's best performing property market.

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.