PHOTO: 123RF – Kiwis won’t sell at a loss, unless they really have to.
OPINION: QV data reported today shows house values sliding across the country by 1.6 per cent across the quarter.
It’s only a small number but it’s significant, after years of strong growth.
But anyone who’s hoping it’s the start of a steep descent into affordability is probably going to be disappointed.
New Zealand’s house prices are still supported by a number of factors.
READ MORE:
* QV data shows New Zealand house prices falling
* Where KiwiBuild is at with one year to build 1000 houses
* Govt ‘needs to check its magic wand’ over KiwiBuild targets
* Duncan Garner: If Twyford can’t Phil us in on KiwiBuy/Build, who can?
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