New Zealand’s housing market has taken another step backwards. 

Property values have now fallen for six months in a row, with the national median value dropping below the previous cycle low. 

And while buyers have more choice and bargaining power, there’s still little sign of a sharp rebound - with high mortgage rates, economic uncertainty and plenty of houses on the market keeping a lid on prices. 

So, what’s happening in the housing market, and how much longer could this subdued period last? 

Today on The Front Page, Cotality NZ chief property economist Kelvin Davidson is with us to break it all down.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Editor/Producer: Richard Martin
Producer: Jane Yee

New Zealand&rsquo;s housing market has taken another step backwards.&nbsp;
Property values have now fallen for six months in a row, with the national median value dropping below the previous cycle low.&nbsp;
And while buyers have more choice and bargaining power, there&rsquo;s still little sign of a sharp rebound - with high mortgage rates, economic uncertainty and plenty of houses on the market keeping a lid on prices.&nbsp;
So, what&rsquo;s happening in the housing market, and how much longer could this subdued period last?&nbsp;
Today on The Front Page, Cotality NZ chief property economist Kelvin Davidson is with us to break it all down.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Editor/Producer: Richard Martin Producer: Jane Yee

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

NZ house prices remain flat as buyers retain the upper hand

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7acd194e-73e7-45c9-9878-b4d6002a9f26/transcript