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23 Jan 2026 18:42
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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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     23 Jan: Digital ‘tokenisation’ is reshaping the global financial industry. Is NZ ready?
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    BUSINESS BUSINESS
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     Today's News

    		 Politics:
    Gloriavale's condemned private school is remaining open for the time being 18:37

     Environment:
    What is a landslide, how do they happen and where are they most common? 18:17

     Rugby:
    All Blacks prop Tamaiti Williams denies player power was behind the early exit of coach Scott Robertson 18:07

     Soccer:
    To football, and South Island United have claimed their first win in the Oceania Pro League 18:07

     Law and Order:
    Police want to hear from anyone who may have seen a 62-year-old man reported missing from the Invercargill area - last seen two weeks ago 17:27

     Tennis:
    Belarusian world number one Aryna Sabalenka's led the charge into the fourth round at the Australian Open 17:07

     Environment:
    Heavy rain is still causing disruption in parts of the North Island 16:57

     Rugby:
    All Blacks prop Tamaiti Williams has dismissed any suggestions of player power being behind the early exit of New Zealand head coach Scott Robertson 16:17

     International:
    Donald Trump is obsessed with Greenland, but now his comments point to the 'entire Arctic' 16:07

     Law and Order:
    A man who threatened to blow up his Nelson home and neighbouring properties during a police standoff has been jailed 15:27

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