Property Now
Are Townhouses Crashing NZ House Prices? [2026]
Ed is seeing new builds sitting on the market so long, they're not even "new builds" anymore.
Row after row of townhouses. Nobody buying. Sitting empty for months.
And headlines screaming: "Oversupply."
But are there really too many new houses in New Zealand?
In this video, Ed breaks down:
● The case for oversupply (Auckland has the most property listings since 2012, over 11,000 properties on the market)
● Why that case falls apart (it's not oversupply — it's oversupply at that price)
● What Sir Bob Jones said about oversupply ("there's no such thing")
● Why Ed looked at a property 4 years ago that still hasn't sold (developers won't accept the market price)
● And what's actually happening (we're building 6,000 new builds out of 45,000 total listings — it's not a new build story, it's a whole-market story)
At the end, you decide: comment "CRISIS" if you think we've built too many homes, or "CYCLE" if you think this is just the market adjusting.
Ok, now for the legal bit:
The information and opinions on this channel are for your general information. It’s not financial advice. So the hosts aren’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
Make sure you do your own research or talk to a financial adviser before making any financial decisions. See our Disclosure information here.
Related videos in this series
How to 5x your returns in property investing⎥Ep. 2020
How to 5x your returns in property investing⎥Ep. 2020Am I middle class?⎥Ep. 2013
Am I middle class?⎥Ep. 2013