Search results:

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.

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.

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.

02 February 2022

Credit crunch headwinds are blowing, and it could spell trouble for property investors

Caution is advised for property investors, as New Zealand starts to feel the impact of recent legislative and bank policy changes.

09 December 2021

The slowing market is a good thing - Tony Alexander

There are five strong forces acting to pull back the level of intensity of buyer demand for residential property at the moment. But just because the boom has ended does not mean a crash is on its way.

28 October 2021

House price growth to fade next year

On average, NZ house prices have risen by 35% since March 2020 when we went into the first nationwide lockdown. This week we're focusing on the growing list of reasons why the pace of house price inflation will slow quite sharply over 2022.

15 October 2021

House price growth has accelerated

I know from experience that accurately predicting house price movements over short periods of time is impossible. But one can balance the various factors in play and see what the trend seems to be and where it may be heading.

07 October 2021

A different truth about house prices

I love property. Early last year I wrote that I thought we were going into the last great property boom based on ultra-low interest rates and the increasing importance of having a home in the post COVID world.