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26 Dec 2025 15:19
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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.

    © 2025 Newstalk ZB, NZCity

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     Today's News

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    Law and Order:
    A man has appeared in court today - after a suspected firearms incident in Christchurch last night 14:57

    Entertainment:
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    Entertainment:
    Taylor Swift has given her fans an early Christmas present - the final two episodes of her documentary series will be available earlier than billed 14:20

    Motoring:
    So close to the top of rally car racing, for young driver Zeal Jones 14:07

    Rugby:
    Family is the main reason for Pita Ahki coming back home to play Super Rugby Pacific 13:57

    Entertainment:
    Lisa Rinna has opened up about a "very uncomfortable" couple of years when her daughters were feuding 13:50

    Sailing:
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    Accident and Emergency:
    A search continues for a person who went missing after a jet ski incident near Port Waikato on Christmas 13:47

    Basketball:
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