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. 

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