Articles tagged with 'property values'
FOMO haunts property buyers
20 October 2021 - Fear of missing out (FOMO) is rising in the residential property market. Sally Lindsay reviews the figures from Tony Alexander and REINZ.
REINZ: House prices nationwide continue cooling
14 October 2021 - The pace of median house price growth continues to slow, the latest REINZ data show.
Rising prices show no sign of stopping
11 October 2021 - House prices are rising, even as lockdown levels continue to restrict the entire country and listings drop.
Average asking price rising
7 October 2021 - The national average asking price for a house gently cooled month-on-month in September by -2.85%, bowing to $865,348, the latest realestate.co.nz data shows.
House price rises waning amid tighter lending coming
4 October 2021 - Despite various levels of lockdown across the country, average house prices increased by 1.4%, or $13,000 last month.
Why work when houses make more money?
28 September 2021 - Despite Covid, snap lockdowns and border closures, CoreLogic’s quarterly Mapping the Market report shows all major centres had rampant house price increases. Some suburbs increased in value by more than $500,000 in the 12 months to the end of August 2021.
Growth in house prices to fall significantly next year
27 September 2021 - House price inflation is expected to fall back to single-digit levels next year.
Bulletproof house prices continue to climb
14 September 2021 - August’s lockdown threw up some surprising results in the housing market. While sales were down 26.5% from last August, house price growth hit a new record of 31.1% across the country.
Government torpedoes fail to sink housing market
13 September 2021 - Despite the Government’s best intentions and policy shifts Kiwi’s positive expectations of house price growth are hard to sink.
No market rebound expected post lockdown
8 September 2021 - House prices are unlikely to boom after the country comes out of the current lockdown, according to QV forecasts. Sally Lindsay has a round-up of the latest region-by-region House Price Index figures.
Short house price surge possible post lockdown
3 September 2021 - CoreLogic says there could be a short period of excessive house price rises after the lockdown because of tight listings.
Listings cool: Expected to bounce back quickly
2 September 2021 - There has been a big drop in residential property listings since level four restrictions kicked in last month.
RBNZ price fall prediction countered
26 August 2021 - Despite the Reserve Bank’s forecast actual house prices will starting falling from the third quarter of next year, ANZ Bank economists have a more optimistic view.
Residential market confidence remains elevated
24 August 2021 - Before last week’s Covid lockdown, investor confidence in the residential property market hit the fourth highest score on record. Sally Lindsay reviews Colliers International's latest property stats across all sectors and regions.
Regional Insights report: Auckland market cools most
23 August 2021 - The pace of Auckland average house price increases has slowed far greater than the countrywide average.
Fall in real house prices expected by Reserve Bank
20 August 2021 - The Reserve Bank is now predicting house prices will actually start falling from the third quarter of next year.
Reserve Bank predicts fall in house prices
19 August 2021 - The Reserve Bank has predicted that house prices will fall from the third quarter of next year.
Real house price falls predicted from next year
14 August 2021 - Jarden analysts expect house prices to fall by 6% next year and 3% in 2023.
Housing market: Still hot but cooling
13 August 2021 - There is still plenty of heat left in the housing market, although there are signs it is cooling, writes Sally Lindsay.
Prices cool over past three months
12 August 2021 - For the third month in a row house price growth has slowed, the latest QV House Price Index shows.
House price madness probably slowing
9 August 2021 - Eye-watering house price growth is probably past its peak – Sally Lindsay reviews CoreLogic’s recent HPI data.
Stock shortages, prices boom
2 August 2021 - Winter’s chill isn’t cooling the market, writes Sally Lindsay.
House prices continue to ease
30 July 2021 - Sally Lindsay reviews the latest QV House Price Index stats region by region.
Eye-watering price growth in Wellington
25 July 2021 - Wellington house prices sky-rocketed in June by 24% and a whopping $166,300 in just 12 months. Other regions still looking buoyant.
Valuation profession adapts and changes
22 July 2021 - While there are unprecedented challenges across many sectors, the valuation industry has adapted traditional operating models and adopted new ideas.
LVRs kicking in for Auckland house prices
16 July 2021 - The loan-to-value (LVR) restrictions reintroduced by the Reserve Bank are having a far greater effect on Auckland house prices than anywhere else in New Zealand.
Interest rates key to fighting house price boom
12 July 2021 - Westpac’s economists expect rising interest rates to play the biggest role in flattening house price increases.
Prices continue to rise unabated
5 July 2021 - The onset of winter and the new regulations aimed at making home buying less attractive to investors did not dampen the price, or the number of Auckland houses sold in June.
Housing streaks past $1.5 trillion but growth stalling
1 July 2021 - Growth in house prices is starting to fall but at a snail’s pace.
Housing price growth slows: CoreLogic
1 July 2021 - House price inflation began to slow in June according to CoreLogic data, declining to 1.8% over the past month.
Borrowers can handle higher interest rates: ASB
29 June 2021 - Kiwi households should be able to cope with rising interest rates but recent first home buyers could face a squeeze, according to ASB.
West Coast best bet for investors
29 June 2021 - Residential property investors have been given a steer on where to invest – and it’s not Auckland.
Trade-ups out of reach for many
27 June 2021 - Investors wanting to trade up from three to four-bedroom properties to attract tenants may have hit a wall.
House prices ramping up nationwide
17 June 2021 - Following heightened interest in and around the national housing market, CoreLogic has, for the first time, created a mid-year analysis of suburb-level property data.
Making money the easy way
25 May 2021 - Houses sold in the first quarter of this year made their owners a median gain of $315,000 up from $291,000 in the last three months of 2020.
Twists and turns in housing market
18 May 2021 - The latest REINZ data showing the housing market remained “perky” in April hasn’t offered much evidence of cooling, says Westpac.
House prices haven’t dropped yet – new records set
13 May 2021 - Records for house prices have been set yet again despite the lowest number of houses available for sale during an April month since records began.
Efforts to dampen housing market not working yet
11 May 2021 - Average Auckland house prices hit more than $1.3 million last month despite efforts by the Government to slow down the rampant housing market, Sally Lindsay reviews recent QV figures.
No sign of house prices dipping yet
5 May 2021 - House prices are still streaming upwards, increasing by 3.1% across the country last month.
Sales to drop keeping values rising
30 April 2021 - Despite record-low listings, property values and sales rose rapidly through the first quarter of this year, a new CoreLogic report shows.
Interest rate rises scary for property investors
28 April 2021 - The possibility of rising interest rates will scare investors even more than the recent changes to the bright-line test and removal of mortgage interest tax deductibility, says the latest ANZ Property Focus report.
House prices hit new highs
15 April 2021 - A huge demand for houses during March has pushed the median price across the country to $826,300 – a new record high and a $46,300 jump since last month.
Biggest month in agency’s history
8 April 2021 - Barfoot & Thompson’s March trading month has been its strongest ever.
Years before changes make any difference
23 March 2021 - The Government’s crackdown on residential property investors through an extension of the bright-line test and removal of interest deductibility will have little effect for several years, says CoreLogic head of research Nick Goodall.
Is property market confidence falling?
12 March 2021 - A growing number of Kiwis believe it is no longer a good time to buy a house, according to a new report from ASB.
Investment in Auckland’s CBD will survive
12 October 2020 - Commercial property investors are not going to abandon Auckland’s CBD in the wake of the Covid-19 lockdowns, according to a specialist property financier.
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.
Households spending 32% of income on mortgage
2 September 2020 - Kiwi households are forking out an average of 32% of their income on their home loans, according to new research from CoreLogic.
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.
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
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.
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.*.
Advisers buoyed by strong property market
6 July 2020 - The New Zealand property market has emerged strongly out of lockdown, according to mortgage advisers, who say they are busy as ever this winter.
Market teeters on cliff edge - QV
3 June 2020 - Signs of fragility might be present in the post-lockdown market yet value growth and demand are currently still going strong.
Holiday hotspots: what lies ahead?
29 May 2020 - Tourism has been one of the industries hardest-hit by the Covid-19 crisis, so Miriam Bell looks into what that means for the regional property markets that are reliant on it.
There’s life in the market yet
11 May 2020 - The residential property market might currently be lacking in strength, but those working in the sector don’t see it as suffering from widespread weakness, according to economist Tony Alexander’s latest poll.
Market enters unknown waters
6 May 2020 - There’s no doubt New Zealand’s housing market was performing strongly heading into lockdown but, as QV’s latest data makes clear, the market has now entered unknown waters.
[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.
COMMENT: Making sense of it all: COVID-19, the economy & property
2 April 2020 - The Covid-19 crisis means everything is changing fast, so CoreLogic’s Kelvin Davidson* has put together his 10 key points on what to be aware of when it comes to the property market.
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.
What lies ahead for the housing market
31 March 2020 - As New Zealand begins to settle into the “new normal” of the Covid-19 lockdown, commentators have started releasing their (tentative) outlooks for the housing market. Here’s a summary of some of them...
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.
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.
Manawatu on the move
28 February 2020 - Skyrocketing values and a serious supply shortage characterise the Palmerston North and Feilding markets, writes Joanna Jefferies.
Regions lead the price growth pack
24 February 2020 - Provincial markets stole the asking price spotlight from the main centres in January, according to the latest Trade Me Property Price Index.
Strong start for market in 2020
18 February 2020 - Auckland’s housing market has surged back into the game with its busiest January in four years, new REINZ data reveals.
Steady demand makes for rising values
5 February 2020 - The property market recovery just keeps stepping up the pace, with QV’s latest data revealing that all sixteen of the major cities they monitor saw quarterly value growth in January.
New growth cycle for Auckland
4 February 2020 - It’s confirmed: Auckland’s housing market is entering a new growth cycle with Barfoot & Thompson’s latest data revealing a stellar start to the year.
Could a shift in the listings shortage be coming?
3 February 2020 - More properties are coming on to the housing market but there’s still a nationwide shortage with the number of homes for sale down by over 20% year-on-year.
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?
Highest sales in December for three years
16 January 2020 - New Zealand’s property market ended the decade on a high with new REINZ data putting sales at their highest volume in years and median prices up around the country.
COMMENT: What lies ahead in 2020?
3 January 2020 - It’s that time of year when we are all contemplating what the year ahead has in store… So here’s GRA managing director Matthew Gilligan’s property market predictions for 2020.
Hot demand in Hawke’s Bay
31 December 2019 - A severe housing shortage in Napier and Hastings means house values and rents are on the rise, writes Joanna Jefferies.
COMMENT: Off-the-plan investing in 2020
27 December 2019 - Interested in the idea of investing off-the-plan? Propellor Property Investments founder Nikki Conners* explains what you need to know about off-the-plan investing going into 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.
Record prices see upturn gathering pace
13 December 2019 - New Zealand’s housing market resurgence continues to gain momentum with the latest REINZ data showing record prices around the country.
Buyer sentiment at seven year high
9 December 2019 - Housing market expectations have improved significantly in ASB’s latest Housing Confidence Survey – and record low interest rates are playing a major part in that.
Values pick up the pace
4 December 2019 - There’s a more upbeat feel to the property market and it’s obvious in this month’s QV data which has values firmly on the rise.
Wellywood on the rise
29 November 2019 - Wellington Central property is in high demand, despite challenges faced by the apartment market, writes Joanna Jefferies.
Southland “standout” region for investors
11 November 2019 - Investors looking for both strong capital gains and good rental yields should head to Southland – if they heed the results of new REINZ research.
Tight supply, rising prices
1 November 2019 - A significant year-on-year drop in the total number of houses on the market nationwide could start to drive up asking prices going forward, new Realestate.co.nz data suggests.
Strong growth in multi-unit dwelling consents
31 October 2019 - The number of dwelling consents being issued just keeps going up, with September seeing the highest number in any 12-month period since the year to October 1974.
Demand challenges for commercial sector
31 October 2019 - Vacancy rates in the commercial property sector are set to increase as changing economic conditions dampen demand.
Collaboration key to urban development
11 October 2019 - Central and local government and industry must work together to ensure that the Government’s proposed new urban development strategy is successful.
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.
What Aucklanders value in property
6 September 2019 - Properties with more permissive zoning have clearly higher values, according to new research from Auckland Council’s Chief Economist’s Unit.
Gisborne grows up
30 August 2019 - Tairawhiti Gisborne is experiencing growth late in the cycle, and there are still accessible opportunities for investors, writes Joanna Jefferies.
Are property investors returning to the market?
26 August 2019 - Property investors are said to be returning to the housing market, CoreLogic says but, if they are, it’s not evident in the Reserve Bank’s latest mortgage lending data.
Mixed post peak value bag - REINZ
10 July 2019 - National property values continue to fall with the rate of annual growth dropping from 3.8% in June 2018 to 1.7% in June 2019, the latest REINZ House Price Index reveals.
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.
No monolithic cladding, no price stigma
27 June 2019 - Investors worried about the value of a leaky home they own can take heart from new research showing there’s no price stigma when it comes to tactically remediated properties.
Foreign buyer ban impacts Queenstown Lakes
27 June 2019 - The foreign buyer ban impact was felt the most in Queenstown Lakes, but despite slowing growth, the market has attractive features for buyers, writes Joanna Jefferies.
It’s not just about mortgage rates
24 June 2019 - Historically low mortgage rates might boost the housing market but they are not the only factor at play in the market, according to ASB economists.
Regional markets step up the pace
14 June 2019 - [UPDATED] Price growth in regional housing markets has stepped it up again with Gisborne accelerating at the front of the pack, new REINZ data shows.
Super City sales down 20% on last May
6 June 2019 - Residential sales activity in the Auckland region remains subdued, with Barfoot & Thompson revealing that its sales fell by 20% year-on-year in May.
Gateway to returns
2 May 2019 - Upper Hutt has long been overlooked as an investment option but its affordable prices, strong yields and tight rental market mean it is now attracting attention, reports Miriam Bell.
Regional value stars in slow market
1 May 2019 - Looking for growth areas in a modest market? New QV data shows that smaller, regional markets like Gisborne and Horowhenua are turning in the best performances.
COMMENT: Why Takapuna is worth a look
27 April 2019 - It’s no surprise that new REINZ data shows Takapuna’s median house price has climbed 30% over the past year, writes Takapuna Beach Association chief executive Terence Harpur.
Revealed: Auckland hotspots
24 April 2019 - Auckland’s price growth might be flatlining overall but new data shows the SuperCity still has some hot spots where prices are on the rise.
Realism needed in Auckland market
3 April 2019 - Auckland house prices remain stable despite muted sales activity, according to the city’s biggest real estate agency.
Brakes on value growth
3 April 2019 - Affordability constraints are applying the brakes to value growth nationwide but QV’s new data proves values are not plummeting at the rate of those across the Tasman.
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.
Investors hold properties for longer
20 March 2019 - Public perception has it that investors spend their time flipping properties on a regular basis but new analysis shows they hold properties for longer than other buyers.
Sales plunge by nearly 10%
13 March 2019 - Residential property sales nationwide took a big tumble in February – but capital gains tax related uncertainty could be to blame.
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.
Regions driving value growth
6 March 2019 - Values continue to bubble up in New Zealand’s more affordable regions but the latest QV data shows just how much heat has come out of the broader market.
Auckland sales lowest in 10 years
4 March 2019 - Property sales in Auckland reached new lows in February while prices were also down, according to Barfoot & Thompson’s latest data.
Garden City gears up
4 March 2019 - A plateau in values and rents has been a feature of the southwest Christchurch market for some time, but this year the market looks on the up, writes Joanna Jefferies.
The DIY landlords
18 February 2019 - INVESTOR PROFILE: One young Masterton couple have amassed a portfolio with 13 income streams in four years and their story proves that the DIY route is a strategy to seriously consider.
A good time to buy?
15 February 2019 - There’s slowing price growth and subdued sales nationwide – and yet a new survey shows the number of people who think it’s a good time to buy a house is at a five and a half year high.
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.
Song of subdued values remains the same
13 February 2019 - New data from QV leaves little doubt that property value growth is slowing around the country, but that doesn’t mean a major decline is coming.
Altered landscape for investors
7 February 2019 - This year’s Squirrel property investors’ survey reveals that uncertainty over government policy changes reigns supreme and that’s impacting on how investors go about their business.
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.
Regional prices hit record highs
1 February 2019 - A lack of housing stock on the market is the driving force behind a slew of record high asking prices in markets around the country.
NZ market out of step with Australia’s slump
31 January 2019 - New Zealand’s housing market might be cooling but it’s in sync with global trends – unlike the Australian market’s dramatic decline, according to a major bank.
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.
Drama absent from market
16 January 2019 - There’s been no dramatic changes to property values of late and the traditional holiday season slowdown is likely to be one of the reasons.
Time of change: 2019 forecast
15 January 2019 - New Zealand’s property market might be in a better place than Australia’s but investors still need to brace themselves for major change in 2019.
Strong growth in provinces
14 January 2019 - Property prices in provincial markets ended 2018 strongly – in stark contrast to the main centres where stabilisation is the name of the game.
COMMENT: How to fix the housing crisis
10 January 2019 - Dealing with the housing “crisis” doesn’t need rocket science, just a clearly articulated set of steps and fast action, argues property commentator Ashley Church.
Time for a sea change
7 January 2019 - Nelson-Tasman is famed for its lifestyle attractions but its solid price growth and tight rental market make it a good option for investors too, writes Miriam Bell.
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.
New record for Wellington prices
10 December 2018 - Wellington asking prices hit a new high in November – for the third month in a row, according to new Trade Me Property data.
Defiant Wellington values keep rising
7 November 2018 - The Capital City’s property values have been on the rise again in recent months – even though they have already increased by 45% in the last three years.
