Property Now
What's going on with NZ house prices?
House prices are down 16% from the peak.
People have been waiting for a recovery. That hasn't happened yet.
And when you adjust for inflation, that fall is even worse — down 26%.
So what's going on with New Zealand house prices?
In this episode of the Property Academy podcast, Ed and Andrew break down:
● Why flat markets are normal (we've had four big booms since the 1990s, with 4-5 year flat periods in between)
● How incomes are catching up to house prices right now
● Why first-home buyers are making up 29% of purchases — the largest share ever
● How you can still build wealth even when house prices are flat
● And why inflation is actually a property investor's best friend
Ed also explains why matching inflation isn't a zero return — because you didn't put the full house price in, the bank did.
If you've been wondering when the recovery is coming, this episode gives you the context the headlines won't.
Ok, now for the legal bit:
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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