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Corelogic stories

Which property markets will be hit hardest by COVID-19?
Real estate

Which property markets will be hit hardest by COVID-19?

Queenstown looks most exposed, with tourism reliance and Airbnb saturation making its property market vulnerable to a COVID-19 downturn.

By Michael Curreen • 5 min read • Mon, 11th May 2020
Start of 2020 sees prices continue to rise
Supply Chain

Start of 2020 sees prices continue to rise

New Zealand home values kept climbing in February, lifting the average house to NZD $722,475 and worsening affordability for buyers.

By Michael Curreen • 4 min read • Tue, 3rd Mar 2020
Where are investors most active?
Real estate

Where are investors most active?

Mortgaged buyers lifted their share of property purchases to 25% by the end of 2019, with some suburbs seeing them dominate the market.

By Michael Curreen • 3 min read • Sun, 2nd Feb 2020
2020 set to be good year for Auckland real estate
Real estate

2020 set to be good year for Auckland real estate

Auckland's housing recovery is gathering pace, with low rates and tight listings expected to push prices higher in 2020.

By Michael Curreen • 3 min read • Tue, 7th Jan 2020
Dunedin property market still running hot
Housing

Dunedin property market still running hot

Tight housing supply and surging demand are pushing Dunedin values up 17% a year, with buyers still outpacing new listings.

By Michael Curreen • 3 min read • Fri, 6th Dec 2019
Signs of an upturn in the housing market
Real estate

Signs of an upturn in the housing market

Tight listings and lower bank serviceability tests are helping to lift New Zealand house values, with Auckland appearing to have bottomed out.

By Michael Curreen • 4 min read • Fri, 29th Nov 2019
Auckland’s top ten listed suburbs
Real estate

Auckland’s top ten listed suburbs

Tight listings have helped support values in some Auckland suburbs, while Kumeu and Long Bay remain the most heavily marketed.

By Michael Curreen • 3 min read • Wed, 30th Oct 2019
Property growth slow and steady… for now
Real estate

Property growth slow and steady… for now

House price growth is expected to remain modest as easing lending conditions and strong migration support demand, but listings stay tight.

By Michael Curreen • 4 min read • Thu, 17th Oct 2019
Has Wellington’s property boom come to an end?
Real estate

Has Wellington’s property boom come to an end?

Wellington’s values have stalled for six months as more listings, weaker sales and shifting buyers cool the market after a 52% boom.

By Michael Curreen • 3 min read • Fri, 11th Oct 2019
What’s happening in the apartment market?
Real estate

What’s happening in the apartment market?

Top-end flats are showing some weakness, even as most apartment prices move broadly in line with the wider property market.

By Michael Curreen • 3 min read • Fri, 4th Oct 2019
New Zealand’s property market mapped: see value changes in your suburb
Real estate

New Zealand’s property market mapped: see value changes in your suburb

Home buyers can now compare suburb-level price shifts at a glance, as CoreLogic's map shows where values have risen, fallen or held steady.

By Michael Curreen • 3 min read • Mon, 30th Sep 2019
Are investors taking over the property market?
Real estate

Are investors taking over the property market?

Investor buying climbed to 25% of New Zealand property purchases in July, the highest share since late 2016, CoreLogic said.

By Michael Curreen • 4 min read • Thu, 15th Aug 2019
Will Auckland’s house prices crash like Sydney’s?
Real estate

Will Auckland’s house prices crash like Sydney’s?

Auckland owners face weaker values for longer, but CoreLogic says the city lacks Sydney’s apartment glut and crash risk remains limited.

By Michael Curreen • 4 min read • Tue, 23rd Jul 2019
Number of new houses nearing record high
Construction

Number of new houses nearing record high

New dwelling consents are still climbing despite labour and materials constraints, with Auckland’s smaller homes now outpacing standalone houses for the first time.

By Michael Curreen • 3 min read • Thu, 18th Jul 2019
New Zealand’s busiest property markets revealed
Real estate

New Zealand’s busiest property markets revealed

Affordability and tight supply are driving activity in cheaper districts, with Tararua, Waipa and Selwyn topping the turnover rankings.

By Michael Curreen • 3 min read • Tue, 9th Jul 2019
First home buyers make over half of purchases in these suburbs
Real estate

First home buyers make over half of purchases in these suburbs

Affordability is pushing first home buyers to dominate purchases in several New Zealand suburbs, with some taking more than 60% of sales.

By Michael Curreen • 4 min read • Sun, 30th Jun 2019
Effects of the foreign buyer ban
Real estate

Effects of the foreign buyer ban

Property demand in Auckland and Queenstown has softened after the ban, with foreign purchases plunging 81% in the first quarter.

By Michael Curreen • 3 min read • Tue, 18th Jun 2019
New Zealand’s best and worst performing suburbs
Real estate

New Zealand’s best and worst performing suburbs

Auckland's market weakness is dragging New Zealand house prices sideways, with suburbs still showing sharp gains in the regions and losses on the North Shore.

By Michael Curreen • 5 min read • Tue, 4th Jun 2019
How will the tax ring-fence effect investor behaviour?
Real estate

How will the tax ring-fence effect investor behaviour?

Many landlords may simply hold properties longer or pass them on, as the proposed ring-fence is unlikely to slash rental stock or confidence.

By Michael Curreen • 4 min read • Fri, 31st May 2019