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25 Jan 2026 16:23
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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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     Today's News

    		 Law and Order:
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     Cricket:
    The Northern Brave women's cricket team has pummelled Canterbury by 48 runs in their Super Smash T20 in Christchurch 15:57

     Motoring:
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     Law and Order:
    Armed police are patrolling a Central Auckland suburb, following an assault this afternoon 14:57

     Environment:
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     Rugby:
    Former Wallaby coach Eddie Jones has called on New Zealand Rugby to come clean on the REAL reason for Scott Robertson's sacking 14:17

     Cricket:
    The Northern District women are maintaining a healthy run rate in their Super Smash T20 against Canterbury in Christchurch 14:07

     International:
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     Law and Order:
    Prince Harry takes the Daily Mail to the High Court, but some say the result will be a judgement on him 13:17

     Environment:
    MetService is predicting calmer weather after a week of heavy rains and wind 13:07

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