Our unemployment rate tells us a lot about how the Reserve Bank is doing on its mission to keep inflation under control - and looking back at the numbers, it's not exactly a glowing picture.
This one's going to hit homeowners hard. Here's what to expect from mortgage rates, and what to do if your mortgage is coming up for renewal.
We're fast headed towards the last OCR announcement of the year, and it's going to be a big one. In his latest market update, JB shares his expectations on where interest rates could get to, and a bit of an update on the housing market more broadly.
We can unequivocally say that house prices are going down, but the pace of decline in house prices is slowing. When will house prices bottom out?
With sentiment across New Zealand's residential building sector at a new low right now, what are the implications for our construction sector, and the wider economy?
The Reserve Bank met expectations this week with another 0.5% increase in the official cash rate so it now sits at 3.5% compared with the record low just over a year ago of 0.25%.
With the Reserve Bank set to make its next OCR announcement this week, what does that mean for interest rates? JB shares his hot takes on that, and what's happening with house prices.
It is somewhat ironic that at the same time as we are seeing first home buyers return to the market and investors pricking up their ears, prospects for interest rates have worsened.
The market's been undeniably slow in recent months, but between stabilising interest rates and greater choice, buyers are starting to dip their toes in once more.
Recent interest rate hikes have hit the economy, hard. While the Reserve Bank forges on with aggressive OCR increases, the market is reading the signs.
Changes made to the official cash rate strongly affect floating mortgage rates, but when it comes to fixed rates it is expectations for what will happen with monetary policy that truly matter.
The experts have been predicting a “soft landing” for the New Zealand economy - but are we in fact well past the point of no return on the road to recession?