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5 Jan 2026 11:12
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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

     Other Business News
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     03 Jan: The operators of patient portal Manage My Health are assuring users it systems are secure
     03 Jan: Tesla has lost its title as the world's best-selling electric vehicle maker
     02 Jan: Horowhenua District Council's providing financial assistance for locals impacted by last Sunday's severe weather
     02 Jan: Fire and Emergency received 15 calls between 12pm and one - as crews took strike action
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     Today's News

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     Business:
    The Deputy Privacy Commissioner is urging people whose data may have been compromised in major breaches - to take immediate precautions 10:07

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     Politics:
    We're all being warned to be alert, after two data breaches affecting tens of thousands of Kiwis 9:17

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