House prices still seem to be going in the wrong direction. 

Cotality’s latest Home Value Index shows the national median fell 0.2% in June. 

Average values are down 0.8% for the previous quarter, 0.9% year on year, and 17.5% on the early 2022 peak.  

Real estate agent Rawdon Christie told Ryan Bridge that prices in the second half of the year are likely to be influenced by three main factors. 

He says expectations around interest rates, whether listing numbers tighten, and buyer confidence heading into spring will impact things going forward. 

LISTEN ABOVE 

House prices still seem to be going in the wrong direction.&nbsp;
Cotality’s latest Home Value Index shows the national median fell 0.2% in June.&nbsp;
Average values are down 0.8% for the previous quarter, 0.9% year on year, and 17.5% on the early 2022 peak. &nbsp;
Real estate agent Rawdon Christie told Ryan Bridge that prices in the second half of the year are likely to be influenced by three main factors.&nbsp;
He says expectations around interest rates, whether listing numbers tighten, and buyer confidence heading into spring will impact things going forward.&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

Rawdon Christie: Real estate agent on house prices continuing to fall in Cotality's latest Home Value Index

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d58e1a17-8585-4160-b741-b47b0004fd3f/transcript