{"id":43098,"date":"2023-06-06T10:45:09","date_gmt":"2023-06-05T22:45:09","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=43098"},"modified":"2023-06-06T10:45:09","modified_gmt":"2023-06-05T22:45:09","slug":"why-are-house-prices-rising-when-rates-are-increasing-watch","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/why-are-house-prices-rising-when-rates-are-increasing-watch\/","title":{"rendered":"Why are house prices rising when rates are increasing? | WATCH"},"content":{"rendered":"<p><strong>PHOTO: National house prices have risen for the third straight month, according to data from CoreLogic.\u00a0<\/strong><\/p>\n<p><a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Sydney&amp;submit=Search\">Sydney<\/a> continues to lead the recovery, with values up 1.8 per cent in May.<a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Brisbane&amp;submit=Search\"> Brisbane<\/a> and <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Perth&amp;submit=Search\">Perth<\/a> posted the next largest gains, up 1.4 per cent and 1.3 per cent respectively, while all other capital cities also experienced accelerated growth in the month. The rebound is being driven by strong demand from returning migrants, a lack of properties up for sale and investors diving back into the market to take advantage of higher rents.<\/p>\n<p><iframe title=\"Why are house prices rising when rates are increasing?  | The Business | ABC News\" width=\"1380\" height=\"776\" data-src=\"https:\/\/www.youtube.com\/embed\/IWGw8ZTbMHg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR IN NEW ZEALAND<\/span><\/h3>\n<ul class=\"wpp-list\">\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/drug-addled-australian-real-estate-agents-spiral\/\" target=\"_self\" rel=\"noopener\">Drug-addled Australian real estate agent\u2019s spiral<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/claims-about-jacinda-arderns-wealth\/\" target=\"_self\" rel=\"noopener\">Claims about Jacinda Ardern\u2019s wealth<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/the-ancient-stone-city-proof-of-nz-civilisation-before-kupe\/\" target=\"_self\" rel=\"noopener\">THE ANCIENT STONE CITY: Proof of NZ civilisation before Kupe<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/abandoned-land-for-sale\/\" target=\"_self\" rel=\"noopener\">Abandoned land for sale<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/he-sometimes-struggled-to-pay-staff-but-owns-a-4m-holiday-home\/\" target=\"_self\" rel=\"noopener\">He sometimes struggled to pay staff, but owns a $4m holiday home<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/for-sale-the-most-expensive-home-in-new-zealand\/\" target=\"_self\" rel=\"noopener\">FOR SALE: The most expensive home in New Zealand?<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/property-brokers-adds-another-office-to-its-stable\/\" target=\"_self\" rel=\"noopener\">Property Brokers adds another office to it\u2019s stable<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/more-than-100-damaged-homes-looted-after-floods-watch\/\" target=\"_self\" rel=\"noopener\">More than 100 damaged homes looted after floods | WATCH<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/arec-2023-day-2\/\" target=\"_self\" rel=\"noopener\">AREC 2023 \u2013 Day 2<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/barfoot-thompson-awards-2023\/\" target=\"_self\" rel=\"noopener\">Barfoot &amp; Thompson Awards 2023<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: National house prices have risen for the third straight<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/why-are-house-prices-rising-when-rates-are-increasing-watch\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":43099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478110341,478098892,478098519,478098535,478098522,478099788,478098511,478098509,478125421],"class_list":["entry","author-data123nz","post-43098","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-chinese-high-rollers","tag-corelogic","tag-home-ownership","tag-house-prices","tag-interest-rates","tag-national-house-prices","tag-real-estate","tag-real-estate-news","tag-rising-mortgage-rates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why are house prices rising when rates are increasing? 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