News | Business
3 Nov 2025 22:30
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Interest rates are continuing to fall, but house prices are yet to rise

    Interest rates are continuing to fall, but house prices are yet to rise


    Economists expect the Reserve Bank to slash the Official Cash Rate by 25 to 50 basis points at its next review on Wednesday.

    Latest figures from CoreLogic show house values have dropped for seven months in a row.

    Chief Property Economist Kelvin Davidson says lower mortgage rates are boosting market sentiment, but that's yet to flow through to prices.

    He says while new borrowers get lower rates, it takes longer to kick in for those already borrowing.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     03 Nov: Reserve Bank stress testing suggests our banks could withstand major global disruptions
     03 Nov: Trump is repeating the long, painful history of US ‘policing’ of Latin America
     03 Nov: A possible boost in building activity on the horizon, with the most home consents in September in more than two years
     03 Nov: The future of two Stirling Sports stores in Christchurch is uncertain - as their parent company enters liquidation, owing three quarters of a million dollars
     03 Nov: Alarm bells as record numbers of people make KiwiSaver hardship withdrawals
     03 Nov: One of the country's largest KiwiSaver fund managers says its new company will make governments commit to infrastructure
     02 Nov: Changes to the Protection of Personal and Property Rights Act have shown little consideration for intellectually disabled Kiwis
     Top Stories

    RUGBY RUGBY
    Anxiousness among the All Blacks coaching cohort as they await a scan on Jordie Barrett's leg ahead of game two on their grand slam tour in Scotland More...

    BUSINESS BUSINESS
    Reserve Bank stress testing suggests our banks could withstand major global disruptions More...


     Today's News

    		 Politics:
    A prisoner advocacy group suggests New Zealand must move away from Western justice systems, when determining outcomes for Maori 21:57

     Entertainment:
    Five people arrested in connection with Leandro De Niro Rodriguez death 21:37

     Environment:
    The fire is still burning at a house in Wellington's Island Bay - reported just before seven this evening 21:17

     Entertainment:
    Katherine Schwarzenegger thinks being a stepmother, as well as a mom, is a "blessing" 21:07

     Entertainment:
    A stage adaptation of Dying: A Memoir asks the big questions about death – but ends up strangely unmoving 21:07

     Entertainment:
    Stranger Things' creators have warned "nothing is normal anymore" in the upcoming series 20:37

     Entertainment:
    Sir Mick Jagger's son thinks it is "cute" they often dress the same 20:07

     Entertainment:
    Courteney Cox is "open to any kind of electronics" when it comes to face and body care 19:37

     International:
    Donald Trump says UK royals suffered 'terrible thing' with pressure over Jeffrey Epstein scandal 19:17

     Entertainment:
    Petula Clark fled Elvis Presley's dressing room because she was convinced he "fancied" both her and Karen Carpenter 19:07

     News Search




    Power Search

    © 2025 New Zealand City Ltd