The Chilly Economic Winds Hits Kiwi Property Market!

Latest data from REINZ shows further momentum falls across property sales and prices in New Zealand, as the higher rates continue to squeeze households and dampen the markets. Prices are now 16% below past peaks.

https://www.reinz.co.nz/Web/Web/News/News-Articles/Market-updates/REINZ-June-2024-data-property-market-a-little-chilly-amid-economic-challenges.aspx

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Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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