June 2024
NZ Recession: Brace for Impact on Housing Market
New Zealand's recent recession declaration has homeowners and aspiring buyers worried about the housing market's future. Experts warn of potential consequences and offer guidance for navigating this uncertain time. Recession's Ripple Effect Recessions, a natural part of the economic cycle, often follow periods of significant growth. The curre...
NZ Housing Market Update: A Balancing Act
The New Zealand housing market continues to navigate a complex landscape, with positive indicators counterbalanced by potential headwinds. Here's a breakdown of the key trends: Sales Activity Picks Up, But Not Quite There Yet: Sales figures offer a glimmer of hope. Compared to April 2023, house sales have seen a 25% increase. Howeve...