by Warren Head | Jan 28, 2025 | Property
28.1.25 New Zealand’s top-performing coastal suburbs show substantial growth across a broad geographic distribution across both North and South Islands, says Ray White Group in a new report. The scale of growth is substantial, ranging from 110% five year growth in...
by Warren Head | Jan 22, 2025 | Broker Comment, Property
22.1.25 New Zealand’s housing market is better set for a price recovery, but an actual building activity recovery is still some way off, considers sharebrokers Jarden. Jarden has updated their NZ house price path and expect building starts for CY25 and CY26. House...
by Warren Head | Jan 16, 2025 | Economy, Property
Wellington property ended 2024 on a soft note 16.1.25 Property values fell -0.2% in December, marking the ninth drop in the past 10 months, according to CoreLogic's hedonic Home Value Index (HVI). The national median value in New Zealand now stands at $803,624, which...
by Warren Head | Jan 16, 2025 | Property
PROPERTY MORTGAGES 16.1.25 Falls in mortgage rates have understandably meant there’s been a strong focus on the ‘short end’ of the curve, with borrowers mostly choosing floating rates or 6-12 month fixes. However, according to Kelvin Davidson chief economist at...
by Warren Head | Dec 17, 2024 | Economy, Property
17.12.24 House prices lifted modestly over the month, after declining last month. House sales declined slightly in November, with an increase in the number of houses for sale despite lower new listings and fewer properties on the market. ASB expect house prices to...
by Warren Head | Nov 27, 2024 | Economy, Latest News, Property
27.11.24 The Reserve Bank of New Zealand has announced a 0.5% rate cut, which is set to instil further confidence in the property market as we head into 2025, according to real estate group Ray White. Ray White chief economist Nerida Conisbee said this third cut was...
