No flared trousers, please, but housing parallels to the 1970s are eerie

No flared trousers, please, but housing parallels to the 1970s are eerie
A "motivated" seller in Karori is offering a bargain. (Image: Ray White)
Jenny Ruth
Last week's housing data from the Real Estate Institute was scary stuff.All last year, I was incredulous that it seemed no matter what was thrown at the housing market to stop the galloping house price inflation we were seeing, nothing was working.Adverse tax changes, turning the immigration tap off, loan-to-valuation restrictions on mortgage lending and record levels of house building didn't appear to make a dent in the upward momentum.But it seems it's like an ocean liner, slow to move, and now it finally has turned. Or perha...

More Economy

Asset Plus' first-half profit lower as Munroe Lane in focus
Economy

Asset Plus' first-half profit lower as Munroe Lane in focus

First-half net tangible assets per share down on the year. 

No obstacles to RBNZ rate cut next week
Economy

No obstacles to RBNZ rate cut next week

The RBNZ is expected to cut the OCR to 2.25% and leave the door open for more.

Rebecca Howard 18 Nov 2025
Food prices lift 4.7% in 12 months to October
Economy

Food prices lift 4.7% in 12 months to October

Food prices increased by 4.7% in the 12 months to October, although they fell for the second consecutive month, down 0.3% due to lower vegetable prices.Higher prices for the grocery food group were the largest contributor, up 4.9% on an annual basis, while meat, poultry and fish...

Staff reporters 17 Nov 2025
An alternative to asset sales
Opinion

Cameron Bagrie: An alternative to asset sales

The case for outsourcing management of government assets. 

Cameron Bagrie 12 Nov 2025