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8 Feb 2026 21:28
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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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    Sprinter Zoe Hobbs has seared her competition with a scorching win at the Sir Graham Douglas Invitational athletics meet in Auckland More...


    BUSINESS BUSINESS
    Residents in Hawke's Bay's Kai-rakau have entered a second consecutive month of level 4 water restrictions More...



     Today's News

    Rugby:
    Sprinter Zoe Hobbs has seared her competition with a scorching win at the Sir Graham Douglas Invitational athletics meet in Auckland 21:17

    Soccer:
    Manchester City manager Pep Guardiola has dismissed the idea this season's Premier League title chase is over if his side lose to Liverpool in Anfield tomorrow morning 18:57

    Soccer:
    Liverpool manager Arne Slot understands tomorrow morning's opponents Manchester City remain a force despite not being in their best form 18:37

    Rugby:
    The Black Ferns Sevens will square off against Australia once again in a world series tournament decider later tonight 18:27

    Rugby League:
    Brisbane prop Payne Haas will reunite with coach Wayne Bennett at South Sydney after signing a three-year contract, a development that has the NRL world in shock 18:07

    Environment:
    Wellington officials are pushing for an investigation into the city's wastewater infrastructure 17:27

    Rugby League:
    A monumental signing in the NRL, with arguably the game's best prop to shift clubs after the upcoming season 16:57

    Christchurch:
    New Zealanders hoped never to see the Christchurch terrorist again. Now he wants to appeal his sentence 16:27

    Rugby:
    The Highlanders are keeping their fingers crossed for Fabian Holland as they prepare to find out more about the All Blacks lock's injury 16:17

    Cricket:
    A cricket-crazy Indian crowd is a double-edged sword for captain Mitchell Santner and the Black Caps 16:17


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