Global business news outlet Bloomberg says Aotearoa is a “tiny, but extreme” example of what happens when a housing boom goes into reverse.
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The slump in New Zealand’s housing market has long been the subject of domestic scrutiny – now it’s making waves internationally.
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Prices have dropped by up to 30% in some parts of the country – but experts say obstacles to home ownership remain
Trust in institutions, each other, and the Government is declining across the board.
Weaker house prices and a softer Kiwi dollar are luring more Aussie investors.
The real cost of living in paradise: the Queenstown housing crisis leaves locals priced out and struggling.
ANZ's economists have looked at what house prices might do into the longer-term future in their most recent property report.
“It’s the property equivalent of a Black Friday sale for buyers, particularly first-time buyers,” said one expert.
