Blog categorized as Mortgage

New Zealand’s housing market lost momentum in May as rising oil prices, growing expectations of OCR hikes, and increasing global uncertainty weighed on buyer confidence. Property activity softened across the country, with fewer buyers entering the market and sales volumes continuing to decline.

Since the beginning of 2026, the New Zealand housing market has shown signs of a gradual recovery, supported by improving macroeconomic conditions. House prices have been trending upward, sales activity has improved, and the previous divergence between the North Island and South Island markets has s...

Recent escalation of conflicts in the Middle East has triggered a sharp rise in global oil prices, which in turn is driving up the cost of everyday goods and production materials. As a result, inflationary pressure is increasing.

This month, the housing market is still settling into a familiar rhythm: plenty of listings, broadly steady prices, and clear differences from region to region.

The Reserve Bank held the OCR unchanged this month, which gives borrowers a bit of breathing room. That said, the conversation in the market...

As we enter the final quarter of 2025, the New Zealand property market is gradually emerging from its winter slowdown. Overall, the market shows signs of a moderate recovery, though conditions remain largely in favour of buyers.

Recent surveys suggest that first-home buyers continue to be the main so...