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Dollars & Sense
4 mins to read

Property and construction ripe for growth as economy recovers

Dollars & Sense ponders whether house prices are going to surge after an extended lull.

WATCH: Dollars & Sense discusses the property market.

Key points
  • What’s at stake: New Zealand’s property and construction recovery. 
  • Background: The RBNZ has delivered multiple cuts to the official cash rate and signalled more to come this year, which is improving the foundation for businesses and households.
  • Main players: NZ Certified Builders Association, Malcolm Fleming, CoreLogic, Kelvin Davidson, BNZ, Mike Jones. 

As the economy shifts from a deep recession to modest gains, attention turns to whether there will be meaningful growth in property and construction this year.

The RBNZ’s extended period of high interest rates is coming to an end after successive cuts to the official cash rate from August last

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Jonathan Mitchell Tue, 01 Apr 2025
Contact the Writer: jmitchell@nbr.co.nz
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Key points
  • What’s at stake: New Zealand’s property and construction recovery. 
  • Background: The RBNZ has delivered multiple cuts to the official cash rate and signalled more to come this year, which is improving the foundation for businesses and households.
  • Main players: NZ Certified Builders Association, Malcolm Fleming, CoreLogic, Kelvin Davidson, BNZ, Mike Jones. 
Property and construction ripe for growth as economy recovers
Dollars & Sense,
108439
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