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Liam Dann: NZ Herald business editor at large on New Zealand's housing market cooling in October

Liam Dann: NZ Herald business editor at large on New Zealand's housing market cooling in October

Heather du Plessis-Allan Drive · Newstalk ZB

November 16, 20234m 4s

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Show Notes

New data from REINZ showed the New Zealand housing market cooled in October.

Prices declined 2 percent nationally on a seasonally adjusted basis, in the first monthly reduction in house prices since April.

NZ Herald business editor at large Liam Dann says prospective buyers are feeling less optimistic as interest rates continue to soar.

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Topics

businessproperyhousing