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8 Feb 2026 8:02
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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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     Top Stories

    RUGBY RUGBY
    Welsh rugby is still in crisis...spanked 48-7 in their opening Six Nations match against England at Twickenham More...

    BUSINESS BUSINESS
    People still advised to stay away from the beaches on Wellington's South Coast, with no swimming, collecting kaimoana or walking dogs following the sewage leak More...


     Today's News

    		 Rugby:
    Welsh rugby is still in crisis...spanked 48-7 in their opening Six Nations match against England at Twickenham 7:57

     Business:
    People still advised to stay away from the beaches on Wellington's South Coast, with no swimming, collecting kaimoana or walking dogs following the sewage leak 7:47

     Accident and Emergency:
    Investigations are underway after a house fire in Ashburton 7:47

     Rugby:
    The New Zealand men's sevens team has snuck into the semi-finals of the Perth Sevens, despite losing two of their three pool matches 7:37

     Skiing:
    Kiwi skiers Luca Harrington and Ben Barclay are through to the freeski slopestyle final at the Winter Olympics in Milan-Cortina 7:27

     Cricket:
    No surprises in the opening three matches of cricket's T20 World Cup 7:17

     Law and Order:
    An accident at Auckland's Mt Albert Aquatic Centre has left a 12 year old facing significant dental problems - just days after a man had his finger severed on the same hydroslide 7:07

     Soccer:
    Australian defender Jake Girdwood-Reich is refusing to dwell on Auckland FC's recent form slump 21:57

     Living & Travel:
    A Lotto player from Invercargill who bought their ticket on MyLotto has won Division One's million dollars in tonight's draw 21:17

     International:
    Latest Epstein files documents reveal links to multiple monarchies 21:07

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