Research News

May Video Update Image

Watch the CoreLogic Monthly Property & Economic Update for May 2019

Plenty to talk about this month, with the key influencers Government and RBNZ making a few big calls. Wondering about the Capital Gains Tax, Official Cash Rate and Foreign Buyer Ban? We look at the market impact of all.

20 May 2019

Quarterly Report Q1 2019 Cover Image

CoreLogic Q1 2019 Property Market & Economic Report

Our just-released Quarterly Property Market and Economic Update Report found that the first three months of 2019 delivered nearly the same property market performance as for most of 2018 - sluggish sales activity and consistent (yet controlled) value growth - with the notable exception of Auckland. I wouldn’t be at all surprised to see more of the same for the rest of 2019.

24 Apr 2019

More

2019 property market could be last year, on repeat.

The CoreLogic Property Market & Economic Update Report is out, and we’ve focused on the fact that NZ’s residential property market ended 2018 with generally subdued activity levels in the face of reasonably consistent (albeit controlled) value growth across most of the country, with the exception of Auckland...

First home buyers and investors still busy; movers not

The big stories of 2018 in our CoreLogic Buyer Classification data were the continued activity from first home buyers (FHBs) and mortgaged multiple property owners, but the inactivity from movers (i.e. existing owner-occupiers). Even in Auckland, where average values are above $1m, FHBs managed to raise their...

First home buyers

January Video Thumbnail

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.

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...

Watch the CoreLogic Monthly Property & Economic Update for December 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.

Best of the Best 2018

The Best of the Best report covers suburb-level measures used by CoreLogic to determine property market performance across the year, ranging from property value growth to rental yields. In addition to the material provided here, detailed suburb-level data can also be accessed via an interactive geographic...

What the 2019 property market could look like

It’s been another fascinating year for NZ’s property market in 2018. With volumes low (but stable) and values generally showing consistent growth across the country (expect for Auckland and Christchurch), a lot of the market interest has focused on government policy and measures to stifle property...

Investors continue to shrug off extra government measures

Investors remained active in the residential property market in November, according to the latest CoreLogic Buyer Classification data, which shows that they are not yet deterred by government measures such as the looming ring-fencing for tax relief on rental property losses. The recent momentum also makes it...

Property in popular holiday areas performs well

As thoughts turn to the anticipated end-of-year break, we were curious as to how property has performed in some of NZ’s key holiday areas. Generally speaking, the areas we’ve looked at have been busy in terms of sales, with days to sell reasonably low. On top of that, value growth has also tended to be pretty...

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...

Brisbane houses

NZ vs Australia: A property comparison

With house prices now falling significantly in Australia, the inevitable question is beginning to arise: “will the downturn spread across to NZ?” We’re not convinced that it will, for three main reasons.

CoreLogic awarded Service Provider to the Insurance Industry

We're excited to announce that CoreLogic has been awarded the Service Provider to the Insurance Industry award at the 2018 New Zealand Insurance Industry awards.

NZ homes achieve over $3B in re-sale gains last quarter.

NZ’s latest Pain and Gain results are out, and once again we’ve seen large gross profits being made by resellers and minimal gross losses. Almost 96% of all NZ properties sold during 1 July 2018 - 30 September 2018 enjoyed a re-sale gross profit, for a total resale gain of $3Billion - a median gain of a very...