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New Zealand’s housing market has entered its next phase of growth as lower interest rates begin to stoke demand and drive up prices, according to property agency CoreLogic. Prices rose 0.5% in ...
Chief property economist Kelvin Davidson said it confirmed that the market was now in its "next phase of growth", prompted by ...
When the U.S. announced a fresh round of tariffs on April 2, the U.S. economy was still gaining momentum and, in our view, ...
March was also a tale of emerging upturn across nearly all of the key provincial markets, with only Nelson recording a modest -0.1% fall in values. New Plymouth and Invercargill were flat, while ...
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The housing market has turned around - but is that a good thing?New Zealand's housing market has turned a corner ... said values were likely to remain patchy month to month. "Even in an upturn it's never one-way traffic. It's not like every part of the ...
The difference was greatest in the areas where housing was cheaper. Kawerau District, for example, had a typical rent that was $145 more per week than a median mortgage, at $550 a week rent compared ...
And as market leader, it’s in the box seat to exploit any market upturn (it has 20% of the tile market ... This reflects its status as a real estate investment trust (REIT). Under REIT rules, at least ...
as expected by market watchers. Other currencies in Asia-Pacific also mostly strengthened against the dollar. The New Zealand dollar had appreciated 0.11% to 0.5672 against the dollar, while the ...
Tim Moore, economics director at S&P Global Market Intelligence, said: “March data revealed an acceleration in UK service sector growth to its fastest since August 2024 as a renewed upturn in new ...
But as CoreLogic economist Kaytlin Ezzy pointed out, the top end of housing values is seen as a “bellwether” for the rest of the market ... Ireland, New Zealand, Singapore, Canada ...
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