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27 Dec 2025 14:51
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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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     26 Dec: Some good news on the horizon for cattle and sheep farmers
     26 Dec: The Prime Minister describes tariffs as the toughest part of 2025
     26 Dec: Retailers have their last push of the year - as Kiwis hit the shops for Boxing Day sales
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     Today's News

    		 Environment:
    A severe thunderstorm warning's in place for Timaru, Mackenzie, and Waimate this afternoon - with a high likelihood of heavy rain and large hailstones 14:26

     Entertainment:
    Travis Kelce will play in the Kansas City Chiefs' final three games of the season before deciding on his NFL future 14:20

     National:
    Deepfakes leveled up in 2025 – here’s what’s coming next 14:16

     Business:
    A lack of regulation in the cleaning industry has some contractors earning less than minimum wage 14:06

     Entertainment:
    Liam Payne's sister says she "feels like all of him is being removed" after learning that his old school is being knocked down 13:50

     Soccer:
    Manchester United manager Ruben Amorim's given limited detail on the health of Mason Mount 13:46

     Environment:
    Another active day of weather will bring storms, hail and showers to parts of the country today 13:26

     International:
    China hits US defence firms with sanctions over arms sales to Taiwan 13:26

     Entertainment:
    Dave Chappelle doesn't "feel guilty at all" about performing in Saudi Arabia 13:20

     Basketball:
    Breakers guard Parker Jackson-Cartwright is unsurprised their one-point Australian NBL victory over the Tasmania Jackjumpers required overtime 13:16

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