Property market 2019: ‘Look for some big drops’ in values, increases for renters

If you’re unsure of what to expect in terms of New Zealand’s housing market in 2019, property expert Ashley Church is tipping more of the same for Kiwis looking to get on the property ladder.

Appearing on TVNZ1’s Breakfast today, Church says that prices will remain reasonably flat across the country, although it won’t be out of the question for a few outliers, namely in our biggest city – Auckland.

“Auckland’s been flat for the last year or so,” Church began. “There’s been a bit of activity in other markets around the country.”

“The expectation would be that other markets will start to decline and flatten off this year to be more like Auckland, but no crash. Prices will stay flat for the next three or four years.”

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