Articles for author: Corelogic

Corelogic

Reserve Bank sticks firmly to the script

Chief Property Economist Kelvin Davidson unpacks the May cash rate decision and Monetary Policy Statement, and what it means for the housing market. Today’s decision by the Reserve Bank of New Zealand (RBNZ) to leave the official cash rate (OCR) unchanged at 5.5% was no surprise. As also expected, the general position of their economic ...

Corelogic

‘Movers’ could be a group to watch

The surge in available listings in New Zealand’s residential housing market is reshaping buyer options, with relocating owner-occupiers (movers) showing early signs of a comeback. Figures from CoreLogic NZ’s May Housing Chart Pack reveal the share of property purchases by movers edged up to 27% in April from 26% in Q1 2024. The CoreLogic Buyer ...