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Growth returns to the housing market

Author
Newstalk ZB,
Publish Date
Thu, 6 Mar 2025, 6:24am
Photo / File
Photo / File

Growth returns to the housing market

Author
Newstalk ZB,
Publish Date
Thu, 6 Mar 2025, 6:24am

A return to growth in New Zealand's housing market. 

Corelogic's Home Value Index saw property values rise by 0.3 percent in February -- the strongest increase in more than a year. 

That follows a cumulative negative 4.1 percent decline from March to September last year. 

Chief Property Economist, Kelvin Davidson says [told Andrew Dickens] he thinks the housing market's returned to a more stable phase, post-pandemic. 

He says with wage growth coming through, there's a path to reasonably stable house prices ahead. 

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