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The year of conflicting forces
Where to next for the NZ housing market?
AI summary
The New Zealand housing market is experiencing a subdued year due to conflicting forces, according to CoreLogic's Kelvin Davidson.
Positive factors supporting the market include active first home buyers, easing property listings, and the lagged impact of lower mortgage rates. However, these are balanced by headwinds like a weak economy and rising unemployment, keeping conditions flat.
The outlook is for continued stability, presenting opportunities for buyers. A stronger market recovery is anticipated for 2026.
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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