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 New Zealand property market. While slower global growth could keep mortgage rates low, a weaker economy and job security concerns may dampen buyer demand.
The market currently has a high number of listings, which favours buyers and keeps prices stable. Potential debt-to-income ratio limits are also a background factor.
The overall outlook remains a slow, modest upturn in sales and values for 2025, with no major swings anticipated.
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
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