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The year of conflicting forces
Where to next for the NZ housing market?
AI summary
According to CoreLogic's Kelvin Davidson, the NZ housing market remains subdued due to conflicting forces. Positive factors like easing listings, active first home buyers, and the lagged effect of lower mortgage rates are being offset by a weak economy.
The outlook suggests property values will stay flat in the near term, creating continued opportunities for buyers. A stronger market recovery is anticipated for 2026 as the economy improves, providing a more robust foundation for future growth.
A flat market, as predicted
Tailwinds: what’s supporting the market?
Headwinds: what’s holding the market back?
The outlook: stability now, stronger growth later
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