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First home buyers are returning to the market despite higher mortgage interest rates. Even so, there is still no sign of a lift in buying by investors. So will 2024 shape up to be a good year for buyers?

The Reserve Bank said it'd take get us here, and with the latest GDP figures released this week, New Zealand is officially in recession. In his latest market update, JB shares his thoughts on what's to come in the economy, and with interest rates and the wider housing market.

There is an increasing number of signs pointing to a turnaround in the housing market, and quite possibly even gains in house prices and sales. However, the question remains: What factors are driving this shift to happen sooner than anticipated?

There's a lot of debate happening right now as to whether rising immigration will be a force for good, or evil, when it comes to easing pressure on New Zealand's too-tight labour market. While many (the Reserve Bank included) are claiming it'll be a positive - a look back at history would seem to suggest otherwise.

The Reserve Bank has today pushed through a 0.25% increase to take us from 5.25%, up to its peak forecasted OCR of 5.50% - while also making it clear we've hit peak rates for this economic cycle.

There’s a pretty unanimous sense across the financial markets right now that there's another Official Cash Rate (OCR) hike in store for us this week. Chief Squirrel, David Cunningham, says that's the last thing we need.

Between a weakened construction sector, increasing migration and more businesses starting to retrench (both of which are helping to ease pressure in the job market), there are lots of signs out there to indicate that inflation’s coming under control. So, will there be another OCR increase?

With a great number of construction related businesses going into liquidation every week, negatives dominate in the house building sector and buyers need to apply extra caution as they contemplate getting a house built.

Even some of NZ's smartest economic minds hadn't picked that this latest spike in interest rates would be quite as swift and brutal as it's been. But according to Rodney Dickens, the writing was on the wall for all to see - so why weren't Kiwi borrowers warned?

Earlier today, the Reserve Bank made its second Monetary Policy announcement of 2023, opting to push through another double increase, and take our Official Cash Rate (OCR) from 4.75% up to 5.25%. So what does this latest OCR outcome mean?

Two new interesting things of relevance to the NZ residential real estate market have happened over the past fortnight: Firstly, a striking turnaround in migration flows into New Zealand and secondly, the collapse of Silicon Valley Bank.

Can the Reserve Bank get the balance right, bringing inflation under control without taking it too far, and sending us hurtling for a hard landing? Rodney Dickens says, if history's anything to go by, the chances aren't good.