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19 Feb 2026 14:11
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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
     19 Feb: Fonterra shareholders have overwhelmingly voted to get the proceeds of the sale of Mainland brands like Anchor and Mainland
     19 Feb: The Reserve Bank says severe weather is partly to blame for the recent sharp rise in the cost of food
     19 Feb: The Reserve Bank says we may be seeing a fundamental change in the way our economy operates
     18 Feb: Spark is satisfied with its latest financial results, despite falling short of analyst expectations in some areas
     18 Feb: The Reserve Bank says inflation's too high, but it's actually worried it could soon end up too low
     18 Feb: The Reserve Bank's kept the OCR unchanged at 2.25 percent - and expects it'll stay there for most of this year
     18 Feb: Disagreement within the Reserve Bank, on how soon to again raise the Official Cash Rate
     Top Stories

    RUGBY RUGBY
    An All Black is departing the Crusaders at the end of the Super Rugby season More...

    BUSINESS BUSINESS
    Fonterra shareholders have overwhelmingly voted to get the proceeds of the sale of Mainland brands like Anchor and Mainland More...


     Today's News

    		 Cricket:
    White Ferns batter Lauren Down has called time on her 15-year cricket career 13:47

     Business:
    Fonterra shareholders have overwhelmingly voted to get the proceeds of the sale of Mainland brands like Anchor and Mainland 13:27

     National:
    A few weeks of X’s algorithm can make you more right-wing – and it doesn’t wear off quickly 13:07

     Cycling:
    Paris Olympics silver medallist Nicole Shields has announced her retirement from cycling 13:07

     Entertainment:
    Jane Seymour felt privileged to work with Robert Duvall 12:57

     Living & Travel:
    Winter Olympics 2026: Dog invades cross-country skiing, Americans get engaged as Ally Hickman feels the pain — day 12 quick hits 12:47

     Rugby League:
    Kiwi league halfback Jahrome Hughes hopes mercenaries don't take advantage of State of Origin's new eligibility rules 12:47

     General:
    Danielle Scott wins silver medal in women's aerials event at 2026 Milano Cortina Winter Olympics 12:47

     Entertainment:
    Logan Paul has sold a Pokemon trading card for $16.5 million 12:27

     Soccer:
    Premier League leaders Arsenal have had a wretched time away against bottom-placed Wolves 12:27

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