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25 July 2022

No recovery for the housing market yet – but seeds are being sown

On average over the past decade there have been around 81,000 dwellings sold each year all around New Zealand, but the way things are tracking we look set to see a fall to around 65,000 within the coming year. How will we know when things are going to turn around?

15 July 2022

Kāinga Ora & CCCFA: What the latest changes mean for first home buyers

The long-awaited return of choice to the housing market isn’t the only good news for first home buyers to be feeling positive about right now - changes to Kāinga Ora First Home schemes and CCCFA legislation add to the good news.

07 July 2022

Have we entered the end game for falling prices?

I saw a newspaper headline recently along the lines that house prices have now bottomed out because some banks have cut their two year fixed mortgage interest rates. But interest rates aren't the only factor causing house prices to go down.

22 June 2022

The housing cycle has accelerated

Independent Economist Tony Alexander gives us a breakdown of what is happening in financial markets and the housing market.

16 June 2022

Making sense of the current market as a first home buyer

So, the tables have turned and we've finally entered a buyer's market - but how do you navigate the apparent minefield of increasing mortgage rates and falling house prices?

16 June 2022

Market update: The nuance beyond the media headlines

Between all the news of increasing interest rates and falling house prices, it's an intimidating market to be in right now. But what aren't the headlines telling us?

09 June 2022

Vendors not backing down as house prices fall

When will house prices stop falling? No-one knows. But it looks like we are quite a long way off the bottom being reached for a number of reasons.

13 May 2022

Perception vs reality in the housing market

How do I know when a downturn in the market is serious, entrenched, and likely to last for some time? There are a number of measures I look at including data on prices and results from my surveys, but one special factor is the blame game.

14 April 2022

My main housing thoughts - Tony Alexander

Recently, I wrote a lengthy article listing the main things I am saying about the NZ residential property market at the moment – some of which I have been warning about for 12-18 months. Here are most of those points in summarised form.

11 April 2022

Housing market easing off still

Independent Economist Tony Alexander gives his take on the factors that are playing into falling house prices. Will things be easier for first home buyers with the housing market softening and easing CCCFA rules?

07 April 2022

Market update: House prices take a hit, but do they have further to fall?

With so many different forces playing out in the market right now - interest rates, inflation, the border reopening - how far might they go?

17 March 2022

First home buyers should focus on choice, not potential for bargains

The expectation held by most of us is that average prices will fall about 10%. That sounds reasonable. But before anyone gets fixated on that number it pays to note something very important.