Values drift -0.4%: Time to forget the market peak? 📉
About this episode
The episode discusses the recent decline in home values in New Zealand and challenges the perception of the market based on peak values.
Send us a question/idea/opinion direct via text message! The August Cotality Home Value Index is out, showing a -0.4% monthly decline across Aotearoa New Zealand—marking the fifth consecutive month of value contraction. However, looking at property purely through the lens of the "fall from the peak" might be completely skewing our view of the market. This week on the New Zealand Property Market Podcast, Head of Research Nick Goodall and Chief Economist Kelvin Davidson unpack the August data. ...
People in this episode
Host: Nick Goodall
Guest: Kelvin Davidson
Topics covered
- property market
- home value index
- economic analysis
- value contraction
- real estate trends
Keywords
- home value index
- property market
- value contraction
- real estate
- economic analysis
Mentioned in this episode
Organizations: Cotality NZ
Places: Aotearoa New Zealand
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