Correction on the cards for fragile housing market
ANALYSIS: History suggests the price weakness will have knock-on effects for dwelling consents and property developers.
Tobias Newton Tue, 29 Mar 2022
Where we came from
The boom in New Zealand’s property market has been extremely well publicised over the past two years. To recap, between March 2020, when NZ first went into lockdown, and November 2021, when the market peaked, prices rose an astonishing 40% nationwide.
This rise in house
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