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Quotable Value New Zealand - Latest News [Page 2]
Home Values Fall To November Levels
Thursday, 9 June 2022, 5:14 am | Quotable Value New Zealand
The latest QV House Price Index shows the housing market has fallen back to the same levels seen at the end of November 2021, as rising interest rates and credit constraints continue to bite. The average home decreased in value by 2.2% ... More >>
Cost Of Building A Home Skyrockets — And Tipped To Rise Even Further
Thursday, 2 June 2022, 10:22 am | Quotable Value New Zealand
The average cost of building a home in New Zealand’s main centres has shot up 20.9% in the last 12 months. QV CostBuilder is New Zealand’s most comprehensive construction cost database. In its most recent price update at the end of April, ... More >>
New Zealand's Residential Property Downturn Turns Upward
Monday, 23 May 2022, 3:59 pm | Quotable Value New Zealand
The effects of the residential property downturn are beginning to snowball as it works its way from the bottom of the property ladder to the top. The latest QV Quartile Index shows that the 25% most and least expensive homes across Aotearoa-New Zealand’s ... More >>
Rising Interest Rates Starting To Bite As Downturn Gathers Pace
Tuesday, 10 May 2022, 5:52 am | Quotable Value New Zealand
The latest QV House Price Index shows the housing market is under increasing pressure from rising interest rates. Loan affordability constraints are limiting buyers, and those who are in the market are spoilt for choice as listing levels far outstrip ... More >>
Main Centres First To Show The Impacts Of Downturn
Friday, 8 April 2022, 5:42 am | Quotable Value New Zealand
The QV House Price Index has experienced its largest quarterly drop in more than a decade, with the main centres currently taking the brunt of the impact of rising interest rates and tightening bank credit. The average home decreased in value by ... More >>
Residential Property Market Correction Looms Amongst International Uncertainty
Wednesday, 9 March 2022, 6:51 am | Quotable Value New Zealand
All signs are pointing to a gradual correction to the residential property market as the rate of growth continues to slide. The average home increased in value by just 2.3% nationally over the past three-month period to the end of February, down ... More >>
The Hottest Locations Of 2021
Tuesday, 28 December 2021, 6:51 am | Quotable Value New Zealand
27 December 2021 Let’s face it — every residential market in New Zealand was hot during 2021. But which markets were the hottest? The latest QV Quartile Index shows just how quickly first-home values have risen across the country this year. ... More >>
What Lies Beneath Is The Housing Market Turning?
Wednesday, 8 December 2021, 6:20 am | Quotable Value New Zealand
Rising interest rates, combined with further tightening of credit availability appear to be dampening the enthusiasm of investors and first home buyers. While house values continue to rise, what lies beneath QV's latest figures is growing evidence that ... More >>
Average Residential Home Value Cracks $1 Million
Wednesday, 10 November 2021, 6:50 am | Quotable Value New Zealand
The property market reached new heights last month with the average residential home value topping $1 million for the first time. This comes as large tracts of the country remain in level 3 lockdown restrictions, which seemingly hasn’t dampened ... More >>
House Prices Keep Rising, Despite Increasing Headwinds
Monday, 11 October 2021, 6:20 am | Quotable Value New Zealand
The property market continues to rise, even as lockdown levels continue to restrict the entire country to some degree. The average value increased 3.6% nationally over the past three-month period to the end of September, up slightly from the 3.3% quarterly ... More >>
First-home values shrug off winter chill
Tuesday, 21 September 2021, 8:47 am | Quotable Value New Zealand
It’s been another winter of discontent for first-home buyers with entry-level house prices rising at their fastest rate in five years. The latest QV Quartile Index, which tracks house prices and sales at both ends of the residential property ladder, ... More >>
Will It Be Déjà Vu For The Property Market After Lockdown 2.0?
Wednesday, 8 September 2021, 6:44 am | Quotable Value New Zealand
As lockdown restrictions begin to ease around the country, will the property market gain a fresh head of steam, similar to what we saw at the end of last year's extended lockdown? Coming into the latest lockdown, the QV House Price Index showed a further ... More >>
Brakes Applied On Both Ends Of The Property Market
Wednesday, 28 July 2021, 8:19 am | Quotable Value New Zealand
Quotable Value’s latest figures show a significant reduction in house price growth across both ends of the property ladder – with one main urban centre we monitor even showing a slight decline. The QV Quartile Index recorded a 2.2% reduction in ... More >>
House Price Value Growth Continues To Ease Into Winter
Wednesday, 7 July 2021, 5:32 am | Quotable Value New Zealand
For the second consecutive month, the QV House Price Index has shown a reduction in quarterly value growth from the previous month. The average value increased 6.6% nationally over the past three-month period to the end of June, down from the 8.8% ... More >>
Has The Worm Turned In The Property Market?
Tuesday, 8 June 2021, 5:15 am | Quotable Value New Zealand
For the first time since July last year the QV House Price Index has shown a reduction in quarterly value growth from the previous month. The average value increased 8.8% nationally over the past three-month period to the end of May, down slightly from ... More >>
Rising Debt And Interest Rates Risk Making A 'Sharp Adjustment' In House Prices Even Sharper
Thursday, 20 May 2021, 4:20 pm | Quotable Value New Zealand
The Government is right to expect a significant slowing in house price growth over the next few years – but it remains to be seen whether a 'sharp adjustment' in house prices will occur anytime soon. The Government is forecasting a significant ... More >>
Tax Changes Yet To Dampen Red-hot Housing Market
Monday, 10 May 2021, 5:23 am | Quotable Value New Zealand
Just over a month has passed since the Government announced measures aimed at dampening the rampant growth of the property market, and yet the latest QV House Price Index data shows the market hit a new high in April. The average value increased 8.9% nationally ... More >>
House Values Continue To Climb As New Government Measures Announced
Thursday, 1 April 2021, 7:00 am | Quotable Value New Zealand
The Government’s new initiatives to quell the rocketing housing market were announced last week, just as house prices hit a new high for the end of March. The average value increased 7.8% nationally over the past three-month period, up from the 6.8% ... More >>
New QV Quartile Index Shows Growing Gap In NZ's Housing Market
Friday, 26 February 2021, 10:16 am | Quotable Value New Zealand
The new QV Quartile Index shows a growing gap between New Zealand’s most- and least-expensive houses across the main centres – with few exceptions. While the mean average house price that we report in the monthly QV House Price Index is a ... More >>
Property Market Continues To Sizzle Over Summer
Tuesday, 9 February 2021, 4:40 pm | Quotable Value New Zealand
2021 has begun in much the same fashion as 2020 ended for residential property as the housing market continues its upward trend. A shortage of stock continues to put upward pressure on prices in most parts of New Zealand with continued low interest More >>
