It's positive news for hubs like Auckland and Wellington where housing affordability gains have been most visible. 

Cotality NZ’s new report finds the national value-to-income ratio reached its lowest point since mid-2019 in the June quarter, at 7.5%.  

One Roof Editor Owen Vaughan told Ryan Bridge buyers should target housing pockets like Auckland's Otara, where's there a lot of value. 

He says prices have come down around 20% since Covid, and houses can go for around 600 thousand dollars. 

LISTEN ABOVE 

It's positive news for hubs like Auckland and Wellington where housing affordability gains have been most visible.&nbsp;
Cotality NZ’s new report finds the national value-to-income ratio reached its lowest point since mid-2019 in the June quarter, at 7.5%. &nbsp;
One Roof Editor Owen Vaughan told Ryan Bridge buyers should target housing pockets like Auckland's Otara, where's there a lot of value.&nbsp;
He says prices have come down around 20% since Covid, and houses can go for around 600 thousand dollars.&nbsp;
LISTEN ABOVE&nbsp;

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.

Early Edition with Ryan Bridge

Owen Vaughan: OneRoof Editor on rising housing affordability

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5437f3ef-e3ce-4371-ab1d-b3460182d9ac/transcript

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