Feature article
Tariffs and global uncertainty: potential affects on the NZ property market
From Property Economist Kelvin Davidson
AI summary
Global tariffs and economic uncertainty create mixed signals for the NZ property market. Property economist Kelvin Davidson suggests slower GDP growth could keep mortgage rates low.
This could boost sales and prices, but a weaker economy and job uncertainty may work against it. The market also has high listings favouring buyers and potential debt-to-income ratio limits looming.
Overall, the forecast for 2025 remains a modest, slow upturn in sales and values, not a major swing.
The tariffs in a nutshell
The possible property market affects
How are people reacting?
Nothing yet to suggest the housing market will swing wildly up or down
Author
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