PHOTO: NZ housing data. Opes Partners
THE FACTS!
- In the last 12 months there have been 59,000 house sales VERSUS 100,000 the previous 12 months.
- Net Migration is lifting – putting pressure on our housing supply. Kiwis are leaving in droves but are swapping out for new immigrants. Net positive 50,000 people!
- Rents are rising at 6% per year
- Christchurch is deemed to be 11% undervalued
Welcome to the Property Academy podcast! In this episode, we explore whether we’re at the bottom of the property market, using eight essential graphs to provide valuable insights into its direction.
We examine historical data and key indicators such as price trends, inventory levels, and demographic shifts to help you make informed decisions. Don’t miss out on this essential episode! Subscribe now to the Property Academy podcast.
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