EP: 1423•5 Aug 2023

New Builds vs Existing Homes – Which Prices Fell the Most? | Ep. 1423

About this episode

In this episode, we delve into the differing price movements between new builds and existing homes over the past 18 months.

We examine recent market trends, discussing if the rising cost of building and dropping prices of existing houses make it wiser to "buy the dip."

We also touch on the decline in new build prices using data from developers, including Williams Corporation, and compare it with the overall market decrease.

Main Topics Discussed:

New builds vs existing home prices
Construction costs
Building costs

Want to become a successful property investor? The 'Ultimate NZ Property Investor Bundle' has everything you need, featuring spreadsheets, ebooks, an audiobook, and exclusive software.

Ok, now for the legal bit:

The Property Academy Podcast is 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 investment decisions.

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New Builds vs Existing Homes – Which Prices Fell the Most? | Ep. 1423

About this episode

This New Law Will Change Property Prices Forever

From 2 Suitcases To 29 Flips In 7 Years (Case Study)

He Bought At The Worst Possible Moment. Every Year. For 20 Years

The Truth About Buying a House at Auction (In The Field Friday)