Research News Watch the CoreLogic Monthly Property & Economic Update for January 2019 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. 21 Jan 2019 Inconsistent growth across many of NZ’s main centres epitomises the 2018 property market According to the December CoreLogic QV House Price Index, property values in New Zealand grew by 1.2% over the last three months, a minor reduction on the rate of growth at the end of November. A slight drop (-0.2%) in the Auckland index for December took the annual rate for all of 2018 into the negatives (-0.4%) for the first time in just over a year. This further illustrates the weakness of the current Auckland property market as unaffordability, restrictive lending and Government influence continues to impact the market. 16 Jan 2019 Subscribe to CoreLogic Newsletter Receive the latest news, reports & updates Subscribe More 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... 22 Aug 2018 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 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. 9 Aug 2018 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? 8 Aug 2018 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. 8 Aug 2018 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. 6 Aug 2018 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. 1 Aug 2018 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. 31 Jul 2018 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. 26 Jul 2018 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. 25 Jul 2018 Watch the Monthly Property & Economic Update for July 2018 Let’s get into some stats for this month. 19 Jul 2018 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. 18 Jul 2018 Pagination Page 4 of 16 First page « First Previous page ‹ Previous … Page 2 Page 3 Current page 4 Page 5 Page 6 … Next page Next › Last page Last »
Watch the CoreLogic Monthly Property & Economic Update for January 2019 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. 21 Jan 2019
Inconsistent growth across many of NZ’s main centres epitomises the 2018 property market According to the December CoreLogic QV House Price Index, property values in New Zealand grew by 1.2% over the last three months, a minor reduction on the rate of growth at the end of November. A slight drop (-0.2%) in the Auckland index for December took the annual rate for all of 2018 into the negatives (-0.4%) for the first time in just over a year. This further illustrates the weakness of the current Auckland property market as unaffordability, restrictive lending and Government influence continues to impact the market. 16 Jan 2019
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... 22 Aug 2018
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
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. 9 Aug 2018
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? 8 Aug 2018
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. 8 Aug 2018
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. 6 Aug 2018
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. 1 Aug 2018
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. 31 Jul 2018
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. 26 Jul 2018
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. 25 Jul 2018
Watch the Monthly Property & Economic Update for July 2018 Let’s get into some stats for this month. 19 Jul 2018
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. 18 Jul 2018
