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12 Feb 2026 18:44
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      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.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     12 Feb: Signs the economy is gaining momentum after a tough stretch
     12 Feb: The Local Government Minister's flagged concerns over a sharp rates increase in Christchurch
     12 Feb: Our economy looks to be on firm footing this year, after a rocky few years
     12 Feb: New Zealand homeowners are holding onto their properties for the longest period yet
     11 Feb: Calls for Government intervention on power bills - with predictions of another big bump
     11 Feb: The Government's announced an independent review of the fiscal response to the Covid pandemic
     11 Feb: ASB's reported fairly flat growth in the second half of last year
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    BUSINESS BUSINESS
    Signs the economy is gaining momentum after a tough stretch More...


     Today's News

    		 Environment:
    Inclement weather bearing down on the South Island has forced Coast to Coast organisers to activate an alternative mountain run route for the two-day event starting tomorrow morning 18:37

     Entertainment:
    Kelly Rowland's son felt "happy and proud" when he saw her perform for the first time 18:21

     International:
    James Van Der Beek was synonymous with his character. How he embraced it with humour will be his legacy 18:17

     Rugby League:
    Broncos prop Payne Haas insists his relationship with coach Michael Maguire has nothing to do with his shock move to the Rabbitohs after the upcoming NRL season 18:07

     Rugby League:
    A blow for the Warriors - with veteran outside back Roger Tuivasa-Sheck ruled out of both of their NRL pre-season matches 18:07

     Entertainment:
    Drake lost $1million on a Super Bowl bet 17:51

     Law and Order:
    Lawyers for the mosque terrorist who murdered 51 worshippers in 2019, have wrapped his appeal case 17:27

     Entertainment:
    Dax Shepard almost died as a teenager 17:21

     Motoring:
    The 5pm and 7pm convoys through Waioweka Gorge have been cancelled this evening - on the East Coast - with a forecast of possible heavy rain 16:57

     Entertainment:
    Kim Kardashian is "excited" to relaunch her beauty brand and can't wait to come out with a "signature fragrance" 16:51

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