
Rising house prices 'can't go on forever'
Finance Minister Bill English has responded to a warning about a “sharp correction” in the housing market, saying that skyrocketing house prices “cannot go on forever”.
Finance Minister Bill English has responded to a warning about a “sharp correction” in the housing market, saying that skyrocketing house prices “cannot go on forever”.
Reserve Bank governor Graeme Wheeler has hosed down speculation he is minded to cut the official cash rate any time soon, say economists.
Reserve Bank governor Graeme Wheeler today raised the risk of a "sharp correction" in the Auckland housing market.
Despite the US government announcement that the economy grew at a slower-than-expected pace in the fourth quarter of 2014, the boom is still very much alive.
Auckland house values rose at almost twice the rate of the rest of New Zealand, up 9.8 per cent or $68,309 in the last year.
Bigger is better? Not when it comes to the price we're putting on selling smaller homes, according to new figures out from Trade Me.
The Kiwi dollar rose to a 21-month high against the euro after data showed the Eurozone slipped into deflation.
The NZ dollar has hit a fresh post-float high against the Aussie dollar - touching 96.22 Australian cents. Why is it doing so well?
New figures show Auckland property sales were the biggest in December for a decade - but it seems there's now a severe dearth of listings.
The New Zealand dollar rose to its highest against the Australian dollar since the Aussie was floated in 1983.