Brad Olsen: Infometrics Principal Economist on national house prices declining in 2024
Heather du Plessis-Allan Drive · Newstalk ZB
October 15, 20242m 56s
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The housing market remains subdued across the country, with slightly weaker prices, more stock available and houses taking longer to sell.
New data from the Real Estate Institute (REINZ) shows the national median fell 2.3 percent, to $781,000.
Infometrics Principal Economist Brad Olsen says prices are likely to stay low - despite recent cuts to interest rates.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Topics
businessmoneyeconomyproperty