House prices rise, sales volumes ease

Press Release – Real Estate Institute Of New Zealand

Median house prices have risen and sales volumes have stayed flat or fallen across New Zealand in December 2016 when compared to December 2015, according to the latest figures released today by REINZ, source of the most recent, complete and accurate … Read more »

NZ firms stay upbeat in Dec on building boom, rural recovery

Article – BusinessDesk

Jan. 17 (BusinessDesk) – New Zealand businesses stayed relatively upbeat about the state of the economy in the final three months of 2016, as the nation’s building boom continued to soak up resources and the recovery in global dairy prices lifted … Read more »

Vegetable prices fall for fourth consecutive month

Press Release – Statistics New Zealand

Vegetable prices fell for the fourth consecutive month in December, led by cabbage, broccoli, and cauliflower, Statistics New Zealand said today. Read more »

Record month for card spending

Press Release – Statistics New Zealand

Retail spending using electronic cards reached the highest-ever monthly figure in December 2016, Statistics New Zealand said today. Read more »

Tourism spending strong ahead of summer season

Press Release – New Zealand Government

Tourism spending continued to grow throughout most regions in the year to November 2016, providing a solid base ahead of the high summer season, Tourism Minister Paula Bennett says. Read more »

Property values drop in parts of NZ as the LVR takes effect

Press Release – QV Valuations

The latest monthly QV House Price Index shows that nationwide residential property values for December increased 12.5% over the past year. Values rose by 1.3% over the past three months and are now 51.5% above the previous market peak of late 2007. … Read more »

2016 was a Stunning Year for New Vehicle Sales

Press Release – Motor Industry Association

David Crawford, Chief Executive Officer of the Motor Industry Association says While many are writing off 2016 as a year to forget, for the new vehicle sector it was annus mirabilis, a wonderful year. The new vehicle market for 2016 performed significantly … Read more »

Dwelling and Household Estimates: December 2016 quarter

Press Release – Statistics New Zealand

Dwelling and Household Estimates provide estimates of all private dwellings in New Zealand at a given date, and estimates of all households usually living in New Zealand at a given date. Read more »

Climate Summary: New Zealand’s warmest year on record

Press Release – NIWA

Annual temperatures were above average (0.51C to 1.20C above the annual average) throughout the country, with very few locations observing near average temperatures (within 0.5C of the annual average) or lower. The year 2016 was the warmest on … Read more »

Ministry Of Transport Pedestrian Blind Spot Costs Lives

Article – Lynley Hood

According to Ministry of Transport statistics, between 2006 and 2015 almost four times as many pedestrians (348) as cyclists (90) were killed on New Zealand roads. Read more »

Banking sector funds current account deficit

Press Release – Statistics New Zealand

New Zealands seasonally adjusted current account deficit increased to $1.9 billion in the September 2016 quarter, Statistics New Zealand said today. This is a small increase from the June quarter deficit of $1.8 billion and was funded by the banking … Read more »

GDP strengthens in September quarter

Press Release – Statistics New Zealand

Gross domestic product rose 1.1 percent in the September 2016 quarter, following an increase of 0.7 percent (revised) in the June 2016 quarter, Statistics New Zealand said today. Read more »

NZ trade deficit narrows in November

Article – BusinessDesk

Dec. 21 (BusinessDesk) – New Zealand’s monthly trade deficit narrowed in November as imports declined from earlier periods which were boosted by aircraft arrivals. Read more »

NZ migration, tourism set new records in November

Article – BusinessDesk

Dec. 21 (BusinessDesk) – New Zealand’s booming migration and tourism set new records in November, with arrivals continuing to increase and departures steadily lower. Read more »

Annual migration and travel at record highs

Press Release – Statistics New Zealand

New Zealands unadjusted annual net gain (more arrivals than departures) of migrants was 70,400 in the November 2016 year, Statistics New Zealand said today. This slightly surpasses the previous annual record of 70,300 set in the October 2016 year. Read more »

Meat exports continue to fall

Press Release – Statistics New Zealand

Beef and lamb exports fell in November, as the amount of meat sold dropped heavily compared with last years record season, Statistics New Zealand said today. Read more »

NZ food prices follow seasonal patterns in November increase

Article – BusinessDesk

Dec. 20 (BusinessDesk) – New Zealand food prices rose slightly in November after adjusting for typical seasonal patterns. Read more »

Partners the hardest to buy for at Christmas, survey says

Press Release – Trade Me Limited

The typical Kiwi Christmas shopper finds their partner the hardest to buy for, gets their shopping done early and buys up to half of their gifts online, a recent survey by Trade Me has revealed. Read more »

Dairy prices on the rise after sustained low

Press Release – Statistics New Zealand

Food prices fell 0.1 percent in November, Statistics New Zealand said today. Seasonally lower prices for vegetables in November were mostly offset by higher prices for dairy, meat, and fruit. After seasonal adjustment, food prices rose 0.3 percent. Read more »

Home building consents pass 30,000 a year

Press Release – Statistics New Zealand

The annual number of homes consented has passed 30,000 for the first time in 11 years, Statistics New Zealand said today. Read more »

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