house prices dropping nz

While New Zealands house prices may be dropping lately for the past two decades theyve been on a one-way trajectory - up. Since 2000 median house prices have shot up from around 170000 to a.

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We are about halfway through the current slump in house prices according to the latest NZ Property Focus report from ANZs economists.

. Were keeping our powder dry for landbanking early 2023. House prices dropping combined with increased costs then more insulation next year could lead to a perfect storm.

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