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 effects for the NZ property market, according to property economist Kelvin Davidson. Slower GDP growth could keep mortgage rates low, potentially boosting sales and prices.
However, a weaker economy and job uncertainty may have the opposite effect. The market currently has a high number of listings, giving buyers pricing power. The overall outlook remains for a modest, slow upturn in sales and values through 2025, with no major swings predicted.
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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