Owen Vaughan: OneRoof Editor on the New Zealand suburbs who have not experienced a loss in the last five years
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
New research is highlighting the resilience of New Zealand's housing market.
OneRoof and its data partner Valocity analysed residential home sales between 2018 and the start of this year.
They've found sellers in 48 suburbs around the country have never made a loss in the last five years.
OneRoof Editor Owen Vaughan says despite a recent slowdown in the market, sellers have been doing well overall.
He says retail profits have declined since the market downturn, but the majority of sellers are still making a profit.
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