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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 and active first home buyers are being offset by a weak economy, resulting in broadly flat property values nationally.
The outlook is for continued stability rather than a sharp rebound. This presents opportunities for buyers before a potential economic recovery fuels stronger market growth in 2026, making the current period a strategic time for purchasers.
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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