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7 Feb 2026 12:07
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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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     Rugby:
    Jorja Miller is emphasising the basics before this weekend's World Sevens Series leg 11:57

     Entertainment:
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     Law and Order:
    Nancy Guthrie may have been abducted in a 41-minute window, authorities say 11:17

     Rugby:
    Fabian Holland could miss the Highlanders' Super Rugby opener against the Crusaders next week 11:07

     Business:
    Iran's mysterious Pickaxe Mountain a 'candidate' for new nuclear activities 11:07

     Law and Order:
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     Entertainment:
    Channing Tatum has undergone surgery for a shoulder injury 11:01

     General:
    Winter Olympics 2026 opening ceremony live updates: Milano Cortina Games makes historic multiple-site start 10:57

     Law and Order:
    An Upper Hutt sports store owner is spending nights in his shop trying to protect it after it was targeted for the third time in a year 10:46

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