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NZ Herald·3 min read·medium

Property market’s ‘longest and deepest downturn’ in 30 or 40 years

R
RNZ
Property market’s ‘longest and deepest downturn’ in 30 or 40 years
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New Zealand's housing market is experiencing its deepest downturn in decades, with property values continuing to decline. Investors are increasingly cautious due to economic pressures and uncertainty regarding potential tax policy changes following the upcoming election.

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NZ housing slump stretches to deepest downturn in decades, buyers hold power. Photo / RNZ

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