We talk to CoreLogic’s Chief Property Economist, Kelvin Davidson, about the key drivers behind rising property values and when we might see prices peak again. We also compare NZ household wealth to overseas markets, analyse the impact of unemployment and migration, and discuss changes in interest-only mortgage terms. Plus, we dive into expert predictions for the future of the NZ property market and what it means for homeowners and investors.
The NZ property market is constantly evolving, with factors like migration, interest rates, and economic conditions shaping property values. Whether you’re an investor or a homeowner, understanding these trends can help you make informed decisions about buying, selling, or holding property in the current market.
Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact an adviser from mortgagehq.