WELLINGTON, June 26 (Xinhua) -- Latest report released by OECD has warned that a fall in house prices poses the biggest risk to New Zealand economy. The Organisation for Economic Co-operation and Development (OECD) released its annual economic survey on New Zealand on Tuesday, which found New...
From Newsweek: House Prices Could Fall in Three ‘Vulnerable’ States The housing market is vulnerable to decline in parts of the country with analysis suggesting that prices are more at risk of falling in three specific areas. Real estate experts …Continue reading→ ...
Residential house prices in New Zealand (NZ) have experienced substantial increases even as the rate of house transactions began to slow down in 2007. This paper develops house price forecasting models using multiple regression analysis in order to analyse the main determinants of house prices in ...
House Prices Compared with what you probably paid for your current home, you’ll find your currency converted to New Zealand dollars will go a very long way in our real estate market. Owning our own home is something that two-thirds of us have chosen to do and is still affordable for mo...
Karira adds: “Government funding and support for lenders from the Royal Bank of New Zealand will help, but it will still struggle to record anything above minimal growth in 2020. However, we forecast credit card outstanding balances to fall by 1.5% in 2020,...
Import Prices1029.00998.00pointsJun 2024 Inflation Rate YoY2.203.30percentSep 2024 Inflation Rate0.600.40percentSep 2024 Producer Prices1423.001408.00pointsJun 2024 New Zealand Inflation Rate In New Zealand, the most important category in the consumer price index is Housing and Utilities (28 percent of...
From Newsweek: House Prices Could Fall in Three ‘Vulnerable’ States The housing market is vulnerable to decline in parts of the country with analysis suggesting that prices are more at risk of falling in three specific areas. Real estate experts …Continue reading→ ...
WELLINGTON, July 10 (Xinhua) -- New Zealand housing market continued to cool off with a decline in the rate of annual growth from 3.8 percent in June 2018 to 1.7 percent in June 2019, although values are still in positive territory, the Real Estate Institute of New Zealand (REINZ) said ...
Oh, and isn’t developers finding themselves with overhangs of houses and land part of the way that much lower house prices actually come about? I ended that post this way It is a rather sad reflection of how the quality of New Zealand policymaking has fallen. Perhaps we should be ...
Using recently developed statistical methods for testing and dating exuberant behaviour in asset prices we document evidence of episodic bubbles in the New Zealand property market over the past two decades. The results show clear evidence of a broad-based New Zealand housing bubble that began in 200...