The market is warming up and with the election (almost) behind us, stable economic factors are drawing buyers back into the market, as highlighted in the REINZ’s October data:
New Zealand's real estate market operates in cycles, with property values fluctuating in the short term. However, over the span of 5 to 10 years, the average house price shows a consistent upward trend. While the past pattern of doubling house..
Property markets move in cycles, ups and downs, ebbs and flows, and we are approaching the peak of interest rates, which means we could be close to the bottom of house values.