Kiwi Home Prices Wobble!

January 21, 2024 00:13:02
Kiwi Home Prices Wobble!
Digital Finance Analytics (DFA) Blog
Kiwi Home Prices Wobble!

Jan 21 2024 | 00:13:02

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Show Notes

We got the latest on New Zealand Property for December 2023 from the Real Estate Institute of New Zealand. I love how they spin the release, saying that the December 2023 figures show a notable increase in sales activity, median prices lifting, lower days to sell, and a clear sense of more confidence overall (year-on-year). This is despite the fact that actually New Zealand house prices edged lower in December, down around 0.3% mom on a seasonally adjusted basis,though trends diverged across the country, ranging from a 1.9% mom fall in Northland to a 4.2% lift in Tasman. The national […]

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