PremiumGraham SkellernBusinessDesk·13 Aug, 2026 06:18 AM5 mins to readANZ says the housing market remains soft, with buyers staying cautious in response to higher interest rates, and election and broader economic uncertainty. But the bank "still expects house prices to ease slightly over the remainder of this year".The New Zealand sharemarket climbed more than 0.6% after the latest Reserve Bank of NZ survey showed that inflation is expected to fall significantly over the next two years.
On a stronger trading day, the S&P/NZX 50 Index hit an intraday high of 13,864.4 before closing at 13,825.3,
