The Real Estate Institute of New Zealand’s (REINZ) House Price Index (HPI) reported a 16.7% decline nationally from the market peak reached in 2021. This has taken real inflation-adjusted house prices back to their pre-pandemic level at the start of 2020. But in August the Reserve Bank of New Zealand cut the official cash rate … Continue reading "Is The Kiwi Property Market On The Turn?"
The Real Estate Institute of New Zealand’s (REINZ) House Price Index (HPI) reported a 16.7% decline nationally from the market peak reached in 2021. This has taken real inflation-adjusted house prices back to their pre-pandemic level at the start of 2020. But in August the Reserve Bank of New Zealand cut the official cash rate … Continue reading "Is The Kiwi Property Market On The Turn?"
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