Articles tagged with 'market outlook'
When a rising tide no longer lifts all boats
29 April 2022 - Stock market volatility in April has given investors further cause to believe that the recent rotation from growth to value has further to play out.
Dunedin in demand
29 October 2020 - A supply and demand imbalance together with improved housing stock mean Dunedin’s values are on the rise, writes Joanna Jefferies.
COMMENT: Dunedin’s slowdown might last
22 October 2020 - Dunedin’s loss of value growth momentum in recent months could be a longer lasting trend, writes CoreLogic senior property economist Kelvin Davidson.
Negative OCR still needed - Westpac
20 October 2020 - Despite fears of an overheated housing market, Westpac economists believe the Reserve Bank will still need to lower the official cash rate next year.
Election, recovery and vaccine uncertainty
18 October 2020 - Harbour's Investment Outlook – what's currently influencing local and global markets and what to watch in the near future.
Something’s gotta give on prices
16 October 2020 - House prices are on a relentless march upwards and BNZ is warning that “over-zealous investors” could push them to non-sustainable levels.
Market correction? Don’t hold your breath.
14 October 2020 - The economic fallout from Covid-19 was supposed to lead to a housing market correction. It hasn’t – and now ASB says prices are only going to keep climbing.
No sign of investor exodus
8 October 2020 - It looks as though residential landlords are not exiting the market in droves as a result of the Government’s tenancy law reforms and other investor-focused policy changes.
Are returning Kiwis really a market driver?
6 October 2020 - Returning New Zealanders have been touted as a major driver of housing demand going forward, but some think the flood has ended – and that will impact on the market.
Booming sales in the Super City
2 October 2020 - Market activity is not letting up in Auckland with the city’s biggest real estate agency announcing that September saw the highest number of sales in a month since 2017.
Values on the rise again - CoreLogic
1 October 2020 - Growth in property values stalled after the first lockdown – but that’s changing with signs of growth emerging in markets nationwide once again.
Adapting to commercial’s new normal
29 September 2020 - Economic headwinds may be threatening the commercial property sector but one property fund manager is opening a new offer on the back of a year that has been successful, despite Covid-19.
Expect house prices to keep rising - Westpac
14 September 2020 - House prices are set to keep going up rather than down, one of the big banks now says – after reversing its earlier predictions of price declines.
Covid be damned – the market is booming
11 September 2020 - Those who were anticipating a Covid-prompted housing market collapse got it wrong with the latest REINZ data revealing strong growth in prices and sales.
Interest rates not bargains driving investors
9 September 2020 - Investors’ hopes of picking up a property bargain in the post-Covid market are fading, the latest joint survey from REINZ and economist Tony Alexander reveals.
High consent issuance not expected to continue
1 September 2020 - Over 10,000 new dwelling consents were issued in the three months to July, a rolling total not seen since the 1970s. But economists don’t expect the trend to continue.
Market holds firm in Covid-19 storm
1 September 2020 - Covid-19 has not led to the bottom dropping out of the housing market, as some predicted. Rather housing values have held pretty firmly, particularly in provincial and rural areas.
Record housing stock lows round NZ
1 September 2020 - The amount of available housing stock for sale nationwide plummeted to record lows in August – and that’s helping keep prices bubbling up.
Steady Southern star
31 August 2020 - Covid-19 and the closure of Tiwai Point might pose some challenges for Invercargill but the southern city’s market still has a lot to offer investors, writes Miriam Bell
Buyer sentiment at eight year high
28 August 2020 - More people now believe that it is a good time to buy a house than at any other time since 2012, ASB’s latest Housing Confidence Survey reveals.
Clouds remain over housing market
27 August 2020 - Falling mortgage rates will provide support to the housing market over the coming year – but a weakening of the market is still on the cards, according to bank economists.
Investors' market share on the rise
20 August 2020 - Concerns about the rising costs of being a landlord aren’t deterring investors with new data showing that mortgaged investors’ share of purchases surged to a four year high in July.
Covid-19 return could derail market boom
14 August 2020 - The housing market was booming in July with price and sales up nationwide, new REINZ data shows, but the return of Covid-19 raises questions of how the market will fare going forward.
The return of Covid-19: what it means for landlords
12 August 2020 - After 102 days, Covid-19 is back and that means Auckland is returning to alert level three, while the rest of New Zealand will go to alert level two, on Wednesday. So what does that mean for landlords?
Auckland sees highest sales since 2015
4 August 2020 - The SuperCity turned in its strongest housing sales performance in a July for five years last month, new data from Auckland’s biggest real estate agency reveals.
Prices not impacted by new listings surge
3 August 2020 - There was an influx of new listings on to the housing market in July but it is making little impact on the shortage of housing stock around New Zealand.
Covid-19 fog hangs over consents increase
30 July 2020 - New dwelling consents were up by 20% year-on-year in June. That’s a big increase but it doesn’t allay the concerns of economists going forward.
COMMENT: It’s not all doom & gloom
30 July 2020 - Uncertainty still casts its shadow over the property market but there are factors that could see a brighter outlook than some expect, writes CoreLogic's Kelvin Davidson.*.
Covid crisis will impact on market - in time
21 July 2020 - ASB continues to expect a 6% decline in nationwide house prices – even though the Covid-19 prompted economic adjustment to date been less severe than most expected.
Sales, prices surge up - defying expectations
14 July 2020 - The housing market’s post-Covid rebound continued in June with house prices rising further and sales volumes hitting a four year high – but economists are asking if it will last.
Stimulus trumps rise in infections
14 July 2020 - The Harbour Investment Outlook summarises recent market developments; what we are monitoring closely; and our key views on the outlook for fixed interest, credit and equity markets.
Investors not rushing to sell
9 July 2020 - There is no rush of investors looking to sell their properties in the post-Covid-19 market, according to the second joint survey from REINZ and economist Tony Alexander.
SuperCity sales defy expectations – for now
2 July 2020 - Auckland’s property market defied economic forecasts in June but that doesn’t mean it will continue to do so, according to the city’s largest real estate agency.
Four new buyers’ markets emerge
1 July 2020 - A surge in new property listings around much of New Zealand has turned four regions into buyers’ markets, new Realestate.co.nz data reveals.
Signs of confidence but early days yet
30 June 2020 - Tough economic times might be ahead but a new report from REINZ shows there are some early signs of confidence in the housing market post-lockdown.
Beating expectations
16 June 2020 - The Harbour Investment Outlook summarises recent market developments – what we are monitoring closely – and our key views on the outlook for fixed interest, credit and equity markets.
Market feels Covid-19 impact
15 June 2020 - Covid-19 is still impacting on New Zealand’s housing market but there’s some positive signs in REINZ’s latest data, with a clear monthly increase in sales.
Resilience needed in face of change
28 May 2020 - The Reserve Bank says the commercial property sector is vulnerable to the Covid-19 crisis. But PMG Funds' chief executive believes that while there’ll be short-term pain, the biggest long-term impact will be structural change.
House sales plummet in lockdown
15 May 2020 - [UPDATED] There was a massive nationwide drop in residential property sales in April while the country was in level four lockdown, new REINZ data reveals.
Bounce back
14 May 2020 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed interest, credit and equity markets.
COMMENT: Which property markets are most vulnerable?
13 May 2020 - In the coming months, all parts of the country are likely to feel some degree of property pain, but CoreLogic’s Kelvin Davidson* has taken a look at which areas might be hardest hit.
There’s life in the market yet
11 May 2020 - The residential property market might currently be lacking in strength, but those working in the sector don’t see it as suffering from widespread weakness, according to economist Tony Alexander’s latest poll.
Capital investor calls for commercial rates moratorium
6 May 2020 - Councils should offer a one-year moratorium on rates to commercial landlords who are struggling with the economic impact of the Covid-19 crisis, a prominent Wellington property investor argues.
Market enters unknown waters
6 May 2020 - There’s no doubt New Zealand’s housing market was performing strongly heading into lockdown but, as QV’s latest data makes clear, the market has now entered unknown waters.
Covid-19 could strike REITs a hard blow
30 April 2020 - The hit from the Covid-19 crisis could last longer and deeper than just the lockdown period for Australian and New Zealand real estate investment trusts (REITs).
House price drops are short-lived - Alexander
24 April 2020 - Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
Capital raises are coming – but will the price be right?
21 April 2020 - Castle Point takes a critical look at some of the ASX and NZX capital raisings we have seen so far as a result of Covid-19's economic impact. Do they represent good value for investors?
Markets this month and beyond
16 April 2020 - The Harbour team examine market movements in the past month, and what they are watching going forward.
Recovery from coronavirus – a buying opportunity?
30 March 2020 - Hamesh Sharma takes a look at historic market-impacting world events; how they played out and markets recovered; and what this could mean for a recovery from Covid-19's present market grip.
Strong start for market in 2020
18 February 2020 - Auckland’s housing market has surged back into the game with its busiest January in four years, new REINZ data reveals.
Coronavirus contagion uncertainty
12 February 2020 - The Harbour team examine market movements in the past month, and what they are watching going forward.
No room for complacency in 2020
4 February 2020 - Markets ended 2019 in a festive mood, and the positive trend has continued in 2020 with equity markets powering to fresh all-time highs.
Downside risks reduced
23 January 2020 - The Harbour Investment Outlook summarises recent market developments; what we are monitoring closely; and our key views on the outlook for fixed interest, credit and equity markets.
Upping the ante on price growth
22 January 2020 - ANZ economists have become the latest commentators to revise up their house price inflation predictions and are now picking 8% growth by mid-2020.
Earnings deliver, trade fears fade
11 December 2019 - The Harbour team examine market movements in the past month, and what they are watching going forward.
Auckland’s November sales at four year high
3 December 2019 - Sales activity continues to improve in Auckland with new Barfoot & Thompson data revealing their best November sales numbers since 2015.
Risks reduced but not removed
14 November 2019 - The Harbour team examine market movements in the past month, and what they are watching going forward.
Record low rates fuel market resurgence
6 November 2019 - A widespread resurgence in value growth of late means that all eyes are now on the Reserve Bank’s next OCR call which could give the market another push.
Should Meridian call Rio’s bluff?
29 October 2019 - Rio Tinto has a caused a stir among electricity gentailers this week. What it might mean for Meridian going forward.
Three themes a top fund manager is watching closely
13 October 2019 - Markets are full of conflicting message at the moment. In this feature the Harbour Asset Management team explain what's happening and how the are positioning their portfolios.