Heavy is the head 2022's house prices rely upon

Brian Gaynor
Sat, 18 Dec 2021

Heavy is the head 2022's house prices rely upon
As interest rates rise, what will the impact be on house prices and consumption? (Image: Depositphotos)
Brian Gaynor
Sat, 18 Dec 2021
Several individuals hog the limelight each year with prime minister Jacinda Ardern, former National party leader Judith Collins and a multitude of covid-19 experts and issues dominating the headlines throughout most of 2021.Next year, Reserve Bank of New Zealand (RBNZ) governor Adrian Orr should receive more attention as inflation, interest rates and the sizzling housing market become increasingly important as far as the economy, homeowners and rental property investors are concerned.Residential propertyThere is a widely held belief that that t...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
F&P Healthcare drags NZX 50 lower
Dan Brunskill | Wed, 25 May 2022

Markets were also surprised by RBNZ's plans to keep hiking the official cash rate until it hit 4%.

Homeowners to feel pain next year when home rates hit 6%
Brent Melville | Wed, 25 May 2022

There's no need for leveraged homeowners to panic as interest rates ratchet up, but stress could start being felt downstream as more rate hikes seem on the cards.

Reserve Bank will hike but not as much as it says
Rebecca Howard | Wed, 25 May 2022

The Reserve Bank of NZ now expects the official cash rate to peak at 3.9% in June 2023, up from its February view that it would peak at 3.4% in September 2024.

Partner content
Small business lessons for attracting and retaining staff

Employers battling through the ‘Great Resignation’ are now faced with the ‘Great Brain Drain’.

Partner content
People leaders are key to wellbeing but still need help

One in three people say they have experienced an issue with an unsupportive manager