Articles tagged with 'price growth'
New Partners Life products - hoping to find the middle ground
15 June 2021 - Partner's Life is looking to lead the way in the reinvention of income and trauma cover with the launch of two new products in areas deemed to be problematic for the industry.
Strong market attracting investors
4 November 2020 - There has been a jump in investor demand and activity over the last month, according to the latest REINZ/Tony Alexander survey of real estate agents.
Auckland’s average price now $1million plus
4 November 2020 - New Zealand’s biggest market is booming with Barfoot & Thompson’s latest data revealing that Auckland’s average residential property price is over the $1 million mark for the first time.
Market influencers going forward...
2 November 2020 - Value growth is accelerating and one property expert is picking that Government construction plans and the role of LVRs will dominate market discussion of the trend going forward.
Dunedin in demand
29 October 2020 - A supply and demand imbalance together with improved housing stock mean Dunedin’s values are on the rise, writes Joanna Jefferies.
COMMENT: Dunedin’s slowdown might last
22 October 2020 - Dunedin’s loss of value growth momentum in recent months could be a longer lasting trend, writes CoreLogic senior property economist Kelvin Davidson.
COMMENT: Is a post-election market surge likely?
20 October 2020 - Will the 2020 post-election period see the usual effect on housing, or will it be another anomaly, asks REINZ chief executive Bindi Norwell.
Something’s gotta give on prices
16 October 2020 - House prices are on a relentless march upwards and BNZ is warning that “over-zealous investors” could push them to non-sustainable levels.
LVR limits will return for investors
16 October 2020 - The odds of LVR restrictions returning for investors next year are "fairly high" due to the strength of the residential property market, according to economist Tony Alexander.
Market correction? Don’t hold your breath.
14 October 2020 - The economic fallout from Covid-19 was supposed to lead to a housing market correction. It hasn’t – and now ASB says prices are only going to keep climbing.
Sales, prices skyrocket in defiant market
13 October 2020 - It’s official: New Zealand’s housing market is going crazy – and the skyrocketing prices have left economists revising their forecasts and worried it heralds a new bubble.
No sign of investor exodus
8 October 2020 - It looks as though residential landlords are not exiting the market in droves as a result of the Government’s tenancy law reforms and other investor-focused policy changes.
Booming sales in the Super City
2 October 2020 - Market activity is not letting up in Auckland with the city’s biggest real estate agency announcing that September saw the highest number of sales in a month since 2017.
Values on the rise again - CoreLogic
1 October 2020 - Growth in property values stalled after the first lockdown – but that’s changing with signs of growth emerging in markets nationwide once again.
Southland is tops for investors
25 September 2020 - It seems you can’t just beat Southland for high performing investment properties, with the region coming up trumps yet again in a new REINZ report.
What the Reserve Bank's latest move means for housing
24 September 2020 - The Reserve Bank’s programme to lend directly to retail banks could be ready soon. If it is, that’s likely to mean lower interest rates on loans – and more support for the housing market.
High demand keeps pushing prices up
18 September 2020 - Treasury might be expecting house prices to fall - but market data suggests otherwise, with Trade Me Property’s August data the latest to show rising prices and high demand.
Expect house prices to keep rising - Westpac
14 September 2020 - House prices are set to keep going up rather than down, one of the big banks now says – after reversing its earlier predictions of price declines.
Interest rates not bargains driving investors
9 September 2020 - Investors’ hopes of picking up a property bargain in the post-Covid market are fading, the latest joint survey from REINZ and economist Tony Alexander reveals.
Where are properties selling most above CVs?
4 September 2020 - Auckland’s residential property prices might be on the rise again, but it’s actually the region where properties are currently selling closest to their CV*.
Super City powers through lockdown 2.0
2 September 2020 - Lockdown 2.0? What lockdown? Auckland’s residential property market sailed through the level three restrictions, according to the city’s largest real estate agency.
Market holds firm in Covid-19 storm
1 September 2020 - Covid-19 has not led to the bottom dropping out of the housing market, as some predicted. Rather housing values have held pretty firmly, particularly in provincial and rural areas.
Record housing stock lows round NZ
1 September 2020 - The amount of available housing stock for sale nationwide plummeted to record lows in August – and that’s helping keep prices bubbling up.
Steady Southern star
31 August 2020 - Covid-19 and the closure of Tiwai Point might pose some challenges for Invercargill but the southern city’s market still has a lot to offer investors, writes Miriam Bell
Buyer sentiment at eight year high
28 August 2020 - More people now believe that it is a good time to buy a house than at any other time since 2012, ASB’s latest Housing Confidence Survey reveals.
Clouds remain over housing market
27 August 2020 - Falling mortgage rates will provide support to the housing market over the coming year – but a weakening of the market is still on the cards, according to bank economists.
Election not an issue for property buyers & sellers
19 August 2020 - This year’s general election may have been postponed to October 17 but a new survey reveals that the election is not a concern for a vast majority of property buyers and sellers.
Covid-19 return could derail market boom
14 August 2020 - The housing market was booming in July with price and sales up nationwide, new REINZ data shows, but the return of Covid-19 raises questions of how the market will fare going forward.
Is the market resurgence coming to an end?
5 August 2020 - Steady declines in value growth are becoming evident – as QV’s latest data reveals – and that suggests the housing market’s resurgence could be coming to an end.
200 issues: Top Regions Revealed
31 July 2020 - Joanna Jefferies takes a look at the top 12 locations for property price growth and gains across New Zealand since 2003 and discovers previously unknown property hotspots.
COMMENT: It’s not all doom & gloom
30 July 2020 - Uncertainty still casts its shadow over the property market but there are factors that could see a brighter outlook than some expect, writes CoreLogic's Kelvin Davidson.*.
Demand is keeping prices resilient
23 July 2020 - Stronger than anticipated demand from property buyers is helping to keep prices nationwide buoyant – and solidly up on last year - in the post-Covid housing market.
Covid crisis will impact on market - in time
21 July 2020 - ASB continues to expect a 6% decline in nationwide house prices – even though the Covid-19 prompted economic adjustment to date been less severe than most expected.
Sales, prices surge up - defying expectations
14 July 2020 - The housing market’s post-Covid rebound continued in June with house prices rising further and sales volumes hitting a four year high – but economists are asking if it will last.
Values settle into new normal
8 July 2020 - Covid-19’s impact on the residential property market is becoming clearer with QV’s latest data showing the pre-lockdown heat is dissipating as the market begins to settle.
SuperCity sales defy expectations – for now
2 July 2020 - Auckland’s property market defied economic forecasts in June but that doesn’t mean it will continue to do so, according to the city’s largest real estate agency.
Four new buyers’ markets emerge
1 July 2020 - A surge in new property listings around much of New Zealand has turned four regions into buyers’ markets, new Realestate.co.nz data reveals.
S&P forecast 10% house price fall
24 June 2020 - Global ratings agency Standards & Poors is the latest to join the chorus of predictions around potential house price falls in New Zealand – and they’re picking a 10% drop.
Market outlook: what economists have to say
19 June 2020 - Recent residential housing market data has not looked to bad – but, given the grim economic forecasts, that’s a bit confusing. So here’s a round-up of economists’ latest takes on the market…
Southland comes up trumps for investors
17 June 2020 - Investors keen to pick up a good deal should look south as a new REINZ report shows that Southland is, once again, the country’s highest performing region for residential property investors.
House sales plummet in lockdown
15 May 2020 - [UPDATED] There was a massive nationwide drop in residential property sales in April while the country was in level four lockdown, new REINZ data reveals.
How long will the housing market downturn last?
24 April 2020 - Economists have weighed in on the looming downturn in the housing market. One believes we are in for a short-lived fall, and others suggest a 10%-15% drop:...
[VIDEO] Don’t expect a buyers’ market immediately
15 April 2020 - Listings of properties for sale are likely to lift post-lockdown but CoreLogic’s head of research, Nick Goodall, says that doesn’t mean the housing market will immediately switch into a buyers’ market. [WATCH VIDEO]
Market strong before turbulence to come
15 April 2020 - Strong price growth and solid demand characterised the pre-lockdown housing market, new REINZ data shows – but the time period covered was the calm before the storm.
Auckland market booming before lockdown
2 April 2020 - The Super City’s housing market was in full recovery mode with strong sales and a rise in listings, but the Covid-19 lockdown has stopped it in its tracks.
Uncertainty set to plague 2020’s market
1 April 2020 - New data from both QV and Realestate.co.nz shows the housing market was performing strongly prior to the Covid-19 lockdown – but there’s no escaping the question of what it will do now.
ASB slashes house price forecasts
17 March 2020 - House price growth will drop away to zero over the coming year, according to ASB who have cut their forecasts in response to the coronavirus crisis.
What coronavirus means for property investors
16 March 2020 - Welcome to Fortress New Zealand. The coronavirus crisis means that strict travel bans are now in force and a recession is expected. So what does that mean for property investors going forward?
Housing market powers on – for now
12 March 2020 - New Zealand’s housing market resurgence is showcased in new REINZ data which has the national median price at a new record and sales at a four-year high.
SuperCity sales soar up
4 March 2020 - Auckland sales activity soared back to life in February with Barfoot & Thompson recording its highest number of sales in five years.
Values escape coronavirus contagion
4 March 2020 - There’s no escaping the spectre of coronavirus right now but it hasn’t had an impact on the property market with new QV data showing it continues to strengthen.
Drop the quarter-acre dream to address supply shortage
2 March 2020 - There’s been no change to the shortage of houses for sale nationwide and that’s keeping asking prices high in markets around New Zealand, the latest Realestate.co.nz data shows.
Why house price growth will continue
28 January 2020 - House price inflation is unlikely to radically slow this year after a strong end to 2019, according to leading economist Tony Alexander.
A decade of property price growth
23 January 2020 - Recent years have seen some spectacular house price growth around New Zealand but just how much have asking prices gone up in different markets over the last 10 years?
Upping the ante on price growth
22 January 2020 - ANZ economists have become the latest commentators to revise up their house price inflation predictions and are now picking 8% growth by mid-2020.
Strong market upturn picked for 2020
18 December 2019 - Expect price growth to hit 7% by April 2020 as the housing market continues its emphatic upturn, Westpac’s chief economist says.
LVR loosening likely - ANZ
23 October 2019 - LVR restrictions were never meant to be a permanent feature of New Zealand’s housing market and ANZ economists argue that some further relaxing of them could soon be on the cards.
Spring bounce in Auckland market
2 October 2019 - There was an increase in activity in the Auckland housing market over September with both new listings and sales up, according to Barfoot & Thompson.
Signs of life in market
2 October 2019 - They might be tentative but there are signs the property market is strengthening with new QV data showing that most main urban areas have seen a lift in values.
No stopping Capital price rises
23 September 2019 - There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.
The truth about flipping
19 September 2019 - Claims about the sky-high gains generated by property flippers ignore the costs and taxes that come with trading properties – and that means the profit assumptions are wrong, property experts say.
Sales fall highlights sluggish market
13 September 2019 - The Reserve Bank’s dramatic OCR cut in August was meant to prompt a pick-up in the housing market but new REINZ data shows sales have slumped again.
Reset policies will prompt price rises - Westpac
10 September 2019 - KiwiBuild “reset” policies will boost demand, rather than supply, and that will lead to house price rises, Westpac’s economists are predicting.
Affordability key to value growth
7 August 2019 - Whether values are going up or down in markets around the country, new QV data highlights that affordability – or the lack of – is a key determinant.
Pushing up the national average price
1 August 2019 - The main centres used to drive New Zealand’s market but it was strong provincial markets that contributed to the national average asking price’s rise in July.
The costs of rental policy changes
24 July 2019 - The deluge of policy changes to the regulations governing rental property are a key headwind for the housing market, according to ANZ economists.
Asking prices defy winter odds
22 July 2019 - There’s little sign of the traditional winter slowdown in Trade Me Property’s new data with strong demand pushing asking prices up in many markets around the country.
It’s all about supply
19 July 2019 - New Zealand’s housing shortage is getting worse, not better, and that’s why huge price falls are unlikely going forward, according to Kiwibank economists.
Values on the edge of town
3 July 2019 - It’s best to look to the outskirts of the main centres for value increases these days as value growth continues to slow around the country.
Housing market risks for NZ - OECD
25 June 2019 - The steep rise in New Zealand’s house prices is a major risk to the country’s economic success, a new report from the OECD warns.
Manage your value expectations
6 June 2019 - Property owners thinking of selling up are being told to manage their expectations as the latest QV data highlights that New Zealand’s housing market is slowing, but steady.
Tale of two halves
4 June 2019 - Over half of the North Island’s regions registered falls in their average asking price in May – in contrast to the South Island, the latest Realestate.co.nz data reveals.
Wellington City price glow spreads
20 May 2019 - Remember Auckland’s “halo effect”? Well, it’s happening again but this time it’s at play in the Wellington region as the capital’s market powers along.
OCR cut to boost market
9 May 2019 - New Zealand has never seen the Official Cash Rate (OCR) go so low. Now commentators are saying it will reignite the cooling embers of the property market.
Top yields in City of Sales
1 April 2019 - Investor-style apartment sale prices have taken a hit recently: does this represent an opportunity for investors? Joanna Jefferies investigates.
Decline in new investor mortgages
22 March 2019 - New mortgage registrations for investors have continued to slide over the past year, according to the latest Property Institute/Valocity Regional Insights Report.
COMMENT: Capital gain vs cash flow
12 March 2019 - There are two very different types of property investors and the introduction of a capital gains tax would affect one far more than the other, explains veteran property investor Graeme Fowler.
Revisiting apartments
11 March 2019 - Kiwis are traditionally resistant when it comes to buying and living in apartments but the time is right for investors to take a fresh look at them as an investment option.
NZ market more secure than Australia’s
1 March 2019 - Stability reigns in New Zealand’s property market which leaves it in a much better place than Australia’s, new data from Realestate.co.nz shows.
Auckland prices at 35 month low
14 February 2019 - The City of Sails’ median price has fallen to its lowest point in over three years although there are still pockets of price growth around the region.
Super City sales up, prices down
5 February 2019 - Acceptance that Auckland is now a buyer’s market has set in as Barfoot & Thompson’s latest data reveals a modest start to the year.
Harbourside metropolis
4 February 2019 - Strong economic and population growth and a tight rental market mean Tauranga remains an appealing option for investors, writes Miriam Bell.
Auckland sales at 10 year low
17 January 2019 - Sales volumes around the country slumped to long time lows in December in the latest REINZ data, providing more evidence of how the market has changed.
2018 – a year of uncertainty
31 December 2018 - If last year was a year of disruption, this year was one in which the movement towards change took off – and many investors were left floundering and uncertain.
SuperCity now a buyers market
1 November 2018 - Take note, investors - Auckland is now a buyers’ market for the first time since 2011, Realestate.co.nz’s October data reveals.
