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Quotable Value New Zealand - Latest News [Page 2]

Are Double-digit Construction Price Rises Finally Slowing?

Monday, 16 January 2023, 10:24 am | Quotable Value New Zealand

The average cost of building a home in New Zealand’s main centres increased by 11.3% last year, but the good news is that the rising cost of construction appears to be slowing. QV CostBuilder is New Zealand’s most comprehensive construction ... More >>

Latest Housing Figures Mark NZ's First Annual Decline Since 2011

Thursday, 13 October 2022, 5:09 am | Quotable Value New Zealand

New Zealand’s average home value has recorded its first annual reduction in more than a decade. The latest QV House Price Index shows that home values have slipped by an average of 2.1% nationwide in the 12 months to the end of September 2022. It’s ... More >>

Market Downturn Continues As Winter Draws To A Close

Friday, 9 September 2022, 6:07 am | Quotable Value New Zealand

The QV House Price Index for August shows the housing market continues to cool as winter draws to a close. Tight credit conditions and rising interest rates means fewer buyers are competing for an oversupply of stock. This continues to put downward ... More >>

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 >>

   

 
 
 
 
 

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