Appreciation in home values across New Zealand has stalled and CoreLogic’s head of research doesn’t think that will change anytime soon
The market is responding to the latest loan-to-value speed-limits, with signs values are slowing in Auckland, Hamilton and Tauranga.
Corelogic New Zealand’s Head of Research, Jonno Ingerson, takes a look at the big picture, talking to NZ Adviser about what is driving the housing crisis and measures taken to solve it.
Another major bank has followed Westpac and ANZ in tightening its lending criteria to overseas borrowers and also made a rate cut to its three-year special.
Although Auckland continues to cool, the latest QV House Price Index figures show values across the rest of the country are still rising.
House values in parts of Auckland have fallen in the last month, QV data reveals.
The results of NZ Adviser’s inaugural Top Advisers report are now available
ANZ said it will sell ANZ Securities online share and bond trading platform to FNZC. The deal between banking firms will be closed during the second half of 2018
The latest update from CoreLogic outlines the likely changes to the property market due to the new government