There are currently favourable conditions for buyers in the housing market.

CoreLogic figures show close to 61,000 properties were sold in the year to February 2023, the lowest 12 month total since 1983.

Real estate agent Diego Traglia told Kate Hawkesby says he knows it's a cliché for him to say now is a good time to buy but prices are low.

He says nobody was expecting an up to 25 percent drop in less than two years, and we're getting back to what prices used to be before Covid.

LISTEN ABOVE

There are currently favourable conditions for buyers in the housing market.
CoreLogic figures show close to 61,000 properties were sold in the year to February 2023, the lowest 12 month total since 1983.
Real estate agent Diego Traglia told Kate Hawkesby says he knows it's a cliché for him to say now is a good time to buy but prices are low.
He says nobody was expecting an up to 25 percent drop in less than two years, and we're getting back to what prices used to be before Covid.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.