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04 December 2023

NZ vs. the world: How house prices have changed, here & overseas

Kiwi were chucked onto a wild house price rollercoaster in the wake of the first COVID-19 lockdown — but was this an exclusive ride for us, or have other countries been on the same ride?

22 November 2023

House prices are on the upswing

REINZ's latest data tells us that prices are rising, sales have weakened, and houses are selling at a faster pace. But will this continue on into 2024?

21 November 2023

Market update: After months of turbulence, a sense of stability returns (for now)

It feels pretty clear we're at the top of the current interest rate cycle. But with one more Official Cash Rate announcement to come for the year, what are the expectations for interest rates come 2024?

09 November 2023

Is time working against first home buyers?

With good job security and sizeable deposits, first home buyers have jumped boots and all into the housing market since early this year. But with extra buyers set to appear in the near future, is time working against first home buyers?

25 October 2023

Market update: Out with the red, in with the blue – but election result carries no silver bullet

For many Kiwi voters, National's win in the recent election probably didn’t come as too much of a surprise — and you can bet that National’s focus, especially over the next 12 months, will be on driving through policies that are designed to bolster the New Zealand economy. So what will this all mean for homeowners and borrowers?

16 October 2023

Rodney’s Ravings: Why the world is in for a prolonged inflation battle

Central banks the world over have a bit of a bad habit of reactionary decision making. After overstimulating the economy big time when the pandemic hit by dropping rates to record lows, they were much too slow to jack rates up again when inflation started running rampant. And it's created such a big mess that Squirrel guest blogger, Rodney Dickens, reckons we're in for an extended battle to get us out of it again.

11 October 2023

7 signs house prices are riding the upward wave

The recent migration boom and rising construction costs have contributed to the growth in house prices — but what are the other factors causing them to rise, and how long will prices continue to increase?

06 October 2023

Why continued high interest rates aren’t all bad news

The Reserve Bank is holding the OCR steady at 5.50%, and after rumblings from parts of the market that suggest we could be in for another hike, most economists are now predicting the OCR will remain at 5.50% through much of 2024. It’s not the news that Kiwi mortgage-holders were hoping for, but how can Kiwi benefit from higher interest rates?

04 October 2023

Official cash rate holds steady at 5.50%

It came as no surprise to anyone in the world of economics and financial markets this week when the Reserve Bank left its official cash rate unchanged at 5.5%.

29 September 2023

Investors step back into the market as the election countdown continues

Price changes have now entered the upward leg of the house price cycle, and the demand coming from first home buyers which has created this situation is now being boosted by investors returning to the market. But will the end of the upcoming election bring huge changes to the housing market?

27 September 2023

Market update: Is NZ staring down the barrel of a major house price comeback?

New Zealand has narrowly escaped the technical recession that was called a few months back — but Kiwi households are still feeling the pressure from high interest rates. So with an Official Cash Rate (OCR) announcement on the cards for 4th October, what’s likely to happen with mortgage rates from here?

19 September 2023

Rodney's Ravings: Beware politically biased business confidence surveys

The results of ANZ's business confidence survey have been tracking upwards in recent months — but does that have more to do with what we're expecting from election day, than it does with the actual state of our economy? Rodney Dickens explains in his latest article.