Housing report: Concrete sales moribund despite recovery talk

Tags: housingNovember12

Bernard Hickey delivers a housing report on why Auckland rents for 3 bedroom houses and 2 bedroom flats have been flat for the last two years, despite higher costs for landlords and a rise overall in property prices. Click here for an interactive chart on median rents. www.interest.co.nz

Bernard Hickey delivers a Housing report on why the Reserve Bank should be putting the Official Cash Rate up now to control inflation in 18 months to 2 years time, including a look at confidence indicators driving the economy. See here for interactive charts on consumer confidence www.interest.co.nz and here for interactive charts on business confidence. www.interest.co.nz

Bernard Hickey delivers a Housing report in association with ASB on how stress levels among home sellers have been improving all year with few mentions of 'desperate' sellers or 'must sell now'. Here is an interactive chart showing housing stress indicators in listings on both realestate.co.nz and trademe.co.nz www.interest.co.nz

Bernard Hickey delivers a Housing report in association with ASB on how falling variable mortgage rates and rising longer term fixed mortgage rates is steepening the rate curve, forcing many borrowers to think about breaking a habit of a lifetime and go short rather than long. Here is a link to an interactive chart showing the differences between 5 and 1 year rates, and between 2 year and variable rates. www.interest.co.nz

Bernard Hickey delivers an Economic weather report in association with ASB, including a look at charts showing the number of New Zealanders returning from Britain in recent months has improved, but not by as much as they did through 2002/03/04 in the wake of 9/11. Returning New Zealanders are also not as cashed up as they were then because of the weak UK housing market and a very weak UK pound, which discounts some talk in the property market of heavy demand from returning expats....

Bernard Hickey presents a Housing Report in association with ASB on mortgage approvals have yet to show the spring spike some have talked about. Here's the link to the full interactive chart. www.interest.co.nz
Tags: housing