June 2024

NZ Recession: Brace for Impact on Housing Market

person By Vikram Jethwani alarm 27th Jun, 2024
NZ Recession 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...

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NZ Housing Market Update: A Balancing Act

person By Hadar alarm 26th Jun, 2024

  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...

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