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Reserve Bank of New Zealand (RBNZ) Stories - Page 6

Kiwi Stories

Reserve Bank of New Zealand (RBNZ) stories

Further mortgage restrictions coming as house price growth continues
Bank of New Zealand

Further mortgage restrictions coming as house price growth continues

Borrowers face tighter lending rules as the Reserve Bank moves to curb risky loans amid house values rising 1.8% in July.

By Michael Curreen • 7 min read • Tue, 3rd Aug 2021
Is this the turning point of New Zealand’s property market?
Westpac

Is this the turning point of New Zealand’s property market?

Rising mortgage rates and tax changes are set to cool sales, but CoreLogic says a full property downturn still looks unlikely.

By Michael Curreen • 7 min read • Thu, 22nd Jul 2021
Housing market continues to defy expectations
Northland

Housing market continues to defy expectations

New records in prices and sales show demand is still outpacing supply, despite efforts to cool New Zealand's property market.

By Michael Curreen • 11 min read • Sun, 18th Jul 2021
Commercial property market outperforming expectations
Hybrid & Remote Work

Commercial property market outperforming expectations

Stronger-than-expected demand is tightening yields and lifting values, with industrial and large-format retail assets in New Zealand most resilient.

By Michael Curreen • 5 min read • Thu, 8th Jul 2021
Where are property values starting to drop?
Bank of New Zealand

Where are property values starting to drop?

Values are already falling in Gisborne, New Plymouth and Napier as nationwide house-price growth cools and rate rises loom.

By Michael Curreen • 6 min read • Sun, 4th Jul 2021
Housing shortage key driver of unaffordable housing market
Bank of New Zealand

Housing shortage key driver of unaffordable housing market

Record-low inventory is pushing New Zealand house prices higher, leaving first-time buyers with fewer affordable options.

By Michael Curreen • 10 min read • Wed, 16th Jun 2021
Flatlining house prices – are the forecasts right?
Bank of New Zealand

Flatlining house prices – are the forecasts right?

Rising lending restrictions and tax changes are already cooling demand, though some agents say Treasury’s flatlining forecast may be too gloomy.

By Michael Curreen • 6 min read • Tue, 1st Jun 2021
Are Government measures to cool housing working?
Bank of New Zealand

Are Government measures to cool housing working?

Sales fell 28% in April and the median price eased to NZD $810,000, but analysts say it is too soon to judge the policy impact.

By Michael Curreen • 4 min read • Thu, 27th May 2021
First home buyers losing hope
Bank of New Zealand

First home buyers losing hope

Government help may be needed as first-time purchasers’ share of the market falls to its lowest level since 2018, CoreLogic says.

By Michael Curreen • 7 min read • Tue, 18th May 2021
Property market shows signs of slowing
Hybrid & Remote Work

Property market shows signs of slowing

Signs of cooling are emerging as quieter open homes and more auctions passing in are expected to slow gains after a red-hot year.

By Michael Curreen • 10 min read • Fri, 7th May 2021
Property market game has changed
Bank of New Zealand

Property market game has changed

Investor borrowing has already been curbed, as new housing rules begin to slow sales and cool the market further in 2021.

By Michael Curreen • 6 min read • Thu, 29th Apr 2021
The best performing region for residential investors
Bank of New Zealand

The best performing region for residential investors

Investors in Manawatu/Wanganui saw 25.3% capital gains and 4.0% yields, making it the country’s standout residential market.

By Michael Curreen • 6 min read • Mon, 26th Apr 2021
Housing market hotter than ever despite LVRs and Government intervention
Northland

Housing market hotter than ever despite LVRs and Government intervention

Record prices and a 14-year sales high show New Zealand's housing market is still racing ahead despite tighter lending rules and tax changes.

By Michael Curreen • 11 min read • Thu, 15th Apr 2021
Examining the housing market ahead of big changes
Bank of New Zealand

Examining the housing market ahead of big changes

Investor demand is set to ease as tax changes and tighter lending curbs threaten to cool the market, though prices are still rising fast.

By Michael Curreen • 8 min read • Fri, 2nd Apr 2021
Commercial property after a year of COVID
eCommerce

Commercial property after a year of COVID

Vacancy rose across Auckland and Wellington offices, shops and warehouses in 2020, but low rates and investor demand kept yields firm.

By Michael Curreen • 10 min read • Mon, 29th Mar 2021
Will these changes solve New Zealand’s housing crisis?
Bank of New Zealand

Will these changes solve New Zealand’s housing crisis?

The package aims to boost supply and help first-home buyers, but experts warn it may not curb soaring prices or fix shortages quickly.

By Staff Writer • 10 min read • Wed, 24th Mar 2021
How the new housing package affects you
Bank of New Zealand

How the new housing package affects you

Home buyers could gain from easier grants, while investors face a tougher tax regime and rents may rise as a result.

By Michael Curreen • 11 min read • Wed, 24th Mar 2021
Solid start to new urbanism
Auckland Council

Solid start to new urbanism

Auckland developers are finding stronger demand and easier consents as housing shortages, low rates and relaxed zoning reshape the market.

By Michael Curreen • 4 min read • Mon, 22nd Mar 2021
Record breaking February as buyers rush to beat LVRs
Northland

Record breaking February as buyers rush to beat LVRs

Sales surged 14.6% year on year in February as buyers rushed to secure homes before loan-to-value restrictions returned in March.

By Michael Curreen • 10 min read • Fri, 12th Mar 2021