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What's new
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RBNZ figures show that fewer than 15,000 mortgages were issued last month - easily a record low for a June since the data began being collected in 2013
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Estimated real estate agency commissions at their lowest level since NZ went into its first Covid lockdown in March 2020
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Builders report 80% to 90% slump in new home inquiries and fear another 2009/10-style bust
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The surprisingly high inflation figure revealed this week has put the focus very firmly on some forthcoming economic events
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QV House Price Index, June 2022: “Correction” gathers momentum across Aotearoa
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Mind the gap - the increasing shortfall between housing market listings and monthly sales could be the start of a slump
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A quarter of properties selling under the hammer at auctions is the new normal
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The towns and regions bucking NZ’s housing downturn
— Gregory Fortuin, Chair
