Markets

New Zealand house prices fall in June for third straight month

House prices in New Zealand declined for the third consecutive month in June, facing pressure from high interest rates that are prompting buyers to stay on the sidelines.

Markets

New Zealand immigration falls to 11-month low in April

Immigration in New Zealand decelerated to an 11-month low in April as a record number of citizens left the country, indicating a potential easing of the population pressures that have been a concern for policymakers.

Markets

Rise in employment confidence in New Zealand, says report

Employment confidence in New Zealand has turned positive for the first time since the middle of last year according to a new report, yet workers say it's more difficult to find employment.

Markets

New Zealand house prices fall in June for third straight month

House prices in New Zealand declined for the third consecutive month in June, facing pressure from high interest rates that are prompting buyers to stay on the sidelines.

Markets

New Zealand immigration falls to 11-month low in April

Immigration in New Zealand decelerated to an 11-month low in April as a record number of citizens left the country, indicating a potential easing of the population pressures that have been a concern for policymakers.

Markets

Rise in employment confidence in New Zealand, says report

Employment confidence in New Zealand has turned positive for the first time since the middle of last year according to a new report, yet workers say it's more difficult to find employment.

Markets

Average property values rise for the first time since mid-2022

New Zealand’s property values are now marginally higher throughout the country for the first time in two years, according to recent findings.

Markets

RBNZ holds rates steady at 5.5%

The Reserve Bank of New Zealand (RBNZ) held the cash rate steady at 5.5% on Wednesday, and reduced the forecast peak for rates, as policymakers stated the inflation outlook risks were now more balanced.

Markets

Government may permit foreigners to buy build-to-rent homes

New Zealand’s government is looking to allow foreigners to invest in build-to-rent homes in a bid to stimulate housing supply, according to finance minister Nicola Willis.

Markets

NZ home-building costs rise at slowest pace in seven years

House-building costs in New Zealand increased at the slowest pace in over seven years as high-interest rates and economic uncertainty hampered new home demand.

Markets

New Zealand immigration hits record high

Immigration in New Zealand has reached a new all-time high, moving further into “unsustainable territory.”

Markets

NZ Dollar top performing major currency following inflation survey

New Zealand's Dollar was the top performer out of major currencies as a survey showed inflation in the country wasn't forecast to revert to the 2.0% target any time soon.

Markets

New Zealand house prices rising more than forecast: ANZ

House prices in New Zealand are forecast to rise over 4% over the second half of 2023 and continue rising at the current rate until autumn 2024.

Markets

New Zealand house prices to increase again in 2024

House prices in New Zealand are set to rise again in 2024 due to the consistent supply shortage, and rate cut forecasts.

Markets

Average property values rise for the first time since mid-2022

New Zealand’s property values are now marginally higher throughout the country for the first time in two years, according to recent findings.

Markets

RBNZ holds rates steady at 5.5%

The Reserve Bank of New Zealand (RBNZ) held the cash rate steady at 5.5% on Wednesday, and reduced the forecast peak for rates, as policymakers stated the inflation outlook risks were now more balanced.

Markets

Government may permit foreigners to buy build-to-rent homes

New Zealand’s government is looking to allow foreigners to invest in build-to-rent homes in a bid to stimulate housing supply, according to finance minister Nicola Willis.

Markets

NZ home-building costs rise at slowest pace in seven years

House-building costs in New Zealand increased at the slowest pace in over seven years as high-interest rates and economic uncertainty hampered new home demand.

Markets

New Zealand immigration hits record high

Immigration in New Zealand has reached a new all-time high, moving further into “unsustainable territory.”

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