Housing markets don’t move in straight lines. Instead, there tend to be periods of rising sales, prices, and construction followed by falls then periods when things are relatively flat.
Tony Alexander Update June 2022
Tony Alexander update April 2022
Now that the media have acknowledged house prices are falling, we are seeing one of the key elements of a downward leg of the house price cycle coming into play...
Tony Alexander update March 2022
THE PULLBACK FROM UNSUSTAINABLE PRICING HEIGHTS.
Last month I wrote about the boom being over in the residential real estate market around New Zealand and the past month has brought further evidence of this. Specifically, after falling 1.5% in December average NZ house prices fell by another 1.1% in January.
Tony Alexander Update December 2021
A mini credit crunch Last month I wrote that a number of factors are coming into play which will cause a slowing in the pace of house price growth around...
Tony Alexander November 2021
Tony Alexander Update September 2021
Housing market strong despite, and even because of, lockdown
Tony Alexander Update August 2021
Interest rate outlook quickly changes Towards the end of the article I wrote last month was this sentence.
Tony Alexander Update June 2021
It would be good to be able to say that things are settling down now in the world economy and our own, and that we can make some reasonably robust...
Tony Alexander update May 2021
A key determinant of where the New Zealand economy goes is the pace of growth in our main export destinations.
Tony Alexander Update April 2021
Impact of housing policy changes In my last article written a month ago, the final sentence read like this “The government primarily, and the Reserve Bank almost reluctantly, are likely...