Search results: Tony Alexander

22 June 2022

The Housing cycle has accelerated

Independent Economist Tony Alexander gives us a breakdown of what is happening in financial markets and the housing market.

09 June 2022

Vendors not backing down as house prices fall

When will house prices stop falling? No-one knows. But it looks like we are quite a long way off the bottom being reached for a number of reasons.

26 May 2022

The house construction cycle explained

Development companies have been recently finding that client enquiries are falling away. People can see prices falling so will naturally feel the longer they wait perhaps the cheaper the construction cost will be.

13 May 2022

Perception vs reality in the housing market

How do I know when a downturn in the market is serious, entrenched, and likely to last for some time? There are a number of measures I look at including data on prices and results from my surveys, but one special factor is the blame game.

28 April 2022

The anatomy of a turning housing market

Here is a quick high level run-through of the main things happening in the residential real estate market on average in New Zealand.

14 April 2022

My main housing thoughts - Tony Alexander

Recently, I wrote a lengthy article listing the main things I am saying about the NZ residential property market at the moment – some of which I have been warning about for 12-18 months. Here are most of those points in summarised form.

11 April 2022

Housing market easing off still

Independent Economist Tony Alexander gives his take on the factors that are playing into falling house prices. Will things be easier for first home buyers with the housing market softening and easing CCCFA rules?

17 March 2022

First home buyers should focus on choice, not potential for bargains

The expectation held by most of us is that average prices will fall about 10%. That sounds reasonable. But before anyone gets fixated on that number it pays to note something very important.

08 March 2022

Corrective phase is underway

New Zealand’s residential property market is working its way through a corrective phase involving prices retreating from unsustainably high levels.

21 February 2022

Is the boom over?

In my last column a fortnight ago I noted that a buyer’s market is now locked into place around most parts of New Zealand. This week we received confirmation of the same thing from the REINZ’s monthly data release.

04 February 2022

NZ housing is finally entering a buyer's market

Economist Tony Alexander says throughout 2022 and 2023, buyers are likely to keep holding the upper hand in negotiations. All one has to do however is either secure a mortgage (not so easy at the moment) or have cash and therefore no need for one in order to take advantage of this market.

20 January 2022

Are we already in a credit crunch?

Lenders to consumers are having to take into account all potential changes in an applicant’s income and that is hitting people intending to take maternity/paternity leave along with those approaching retirement.