Kelvin Davidson: Corelogic Chief Property Economist on property values rising
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
A return to growth in New Zealand's housing market.
Corelogic's Home Value Index saw property values rise by 0.3 percent in February -- the strongest increase in more than a year.
That follows a cumulative negative 4.1 percent decline from March to September last year.
Chief Property Economist, Kelvin Davidson says [told Andrew Dickens] he thinks the housing market's returned to a more stable phase, post-pandemic.
He says with wage growth coming through, there's a path to reasonably stable house prices ahead.
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