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 present mixed signals for the NZ property market. According to property economist Kelvin Davidson, slower GDP growth could keep mortgage rates low, but this is offset by job insecurity and general household uncertainty.
A high number of listings currently favours buyers, keeping prices in check, while potential debt-to-income ratio limits also loom. Despite these conflicting pressures, the overall forecast remains a modest and slow upturn in sales and property values for 2025.
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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