New Zealand's central bank on Friday rebuffed a government call for it to add house prices to its monetary policy remit, despite growing concerns about a property market bubble.

New Zealand house prices rose for the first time in six months in September as borrowing costs fell, but values remain lower ...

Property values are back up again after a five-month fall. And while the increase in September was small, one economist says ...

"House prices are also underperforming our already modest expectations for 2025. The difference is reasonably marginal, but if prices are flat this year, rather than rising 2 percent, the lower ...

The New Zealand government has asked the central bank to consider factoring house prices as part of its monetary policy remit, Finance Minister Grant Robertson said, boosting the local dollar on ...

The Reserve Bank of New Zealand has slashed the official cash rate by 2.50% from its July 2024 top of 5.50%: As illustrated ...

House prices have grown for the first time in months but all eyes are on what the Reserve Bank will do with the Official Cash Rate, with economists saying it needs to drop to result in any market ...

The RBNZ said the decision was due to "significant spare capacity" in the economy, pointing out that economic activity was ...

The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 2.50% from its July 2024 peak of 5.50%: The decline ...

New Zealand house prices need to fall between 5% and 20% to reach a sustainable level, Reserve Bank of New Zealand Deputy Governor Christian Hawkesby said on Thursday. WELLINGTON, May 5 (Reuters) - ...

New Zealand house prices posted their smallest monthly decline since January, adding to signs that an 18-month property market slump could be in its final stages. Values fell 0.3% in July from June, ...

WELLINGTON, New Zealand (AP) — New Zealand house prices fell year-on-year for the first time in more than a decade, a report showed Thursday, as rising interest rates finally halted a dizzying boom ...