The One Roof Velocity house value index has revealed a drop in property value across the country. 

Major cities like Auckland, Wellington and Hamilton have all experienced drops. However, more rural areas such as Southland, Canterbury and Northland have all seen a rise. 

CEO of real estate at Velocity Helen O’Sullivan told Mike Hosking that although the prices have dropped, the real estate market is still healthy. 

She said ‘Volumes are a key indicator, and we’re seeing those pick up’ 

LISTEN ABOVE 

The One Roof Velocity house value index has revealed a drop in property value across the country.&nbsp;
Major cities like Auckland, Wellington and Hamilton have all experienced drops. However, more rural areas such as Southland, Canterbury and Northland have all seen a rise.&nbsp;
CEO of real estate at Velocity Helen O’Sullivan told Mike Hosking that although the prices have dropped, the real estate market is still healthy.&nbsp;
She said ‘Volumes are a key indicator, and we’re seeing those pick up’&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Helen O'Sullivan: CEO of Real Estate at Velocity says housing price drops are not indicative of the market

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a50e43a7-4ad4-47d9-8ee6-b30b014b1495/transcript