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21 Feb 2026 13:56
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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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     20 Feb: Fonterra is raising its forecast payout to farmers, following the latest rise in global dairy prices
     20 Feb: Fonterra's announced an extra dividend for farmers - as it pushes ahead with the sale of its consumer arm
     20 Feb: An urban planning specialist is advising the government to be careful changing a development plan he believes was already working
     Top Stories

    RUGBY RUGBY
    Some of the country's best track and field talent will be on show in Christchurch this afternoon as the city hosts it's annual International Track Meet More...

    BUSINESS BUSINESS
    A economist says New Zealanders appear to have gotten a spending hangover More...


     Today's News

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     Entertainment:
    Gordon Ramsay's "torrid relationship" with his father has inspired him to be a better dad 12:47

     Living & Travel:
    Some of the country's best track and field talent will be on show in Christchurch this afternoon as the city hosts it's annual International Track Meet 12:26

     Entertainment:
    Tommy Lee Jones' daughter, Victoria, died from the toxic effects of cocaine 12:17

     Cricket:
    Spinner Adam Zampa's rejecting any suggestion the Australia men's cricket team don't value the T20 format of the game 11:56

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