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25 Feb 2026 12:24
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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

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     Today's News

    		 Wellington:
    A fruitful fan-funding exercise for injured Wellington Phoenix women's footballer Sabitra Bhandari 11:57

     Entertainment:
    Sinners' Wunmi Mosaku has won her first EE BAFTA Film Award 11:51

     Business:
    Regional airlines are waiting with bated breath - as the Government dishes out the first loan to support at-risk routes 11:27

     Entertainment:
    Sean Penn was dec lared Best Supporting Actor at the 2026 EE BAFTA Film Awards 11:21

     International:
    Iran signs 'secret' $700m deal for Russian air defence systems, reports say 11:17

     National:
    Trump’s plan for strikes on Iran carries major risks – and the US military knows it 11:17

     Environment:
    Three Banks Peninsula properties have been red-stickered - in the wake of last week's severe flooding and landslips 11:07

     Entertainment:
    Jacob Elordi has likened filming his and Margot Robbie's steamy Wuthering Heights sex scenes to "choreographing a fight scene or a dance sequence" 10:51

     Hockey:
    US Winter Olympic ice hockey hero Jack Hughes excited to meet Donald Trump as mum defends Kash Patel video 10:47

     Law and Order:
    A 24-year-old woman has pleaded guilty to dangerous driving in relation to a fatal crash on State Highway One south of Taupo 10:47

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