For the first time in more than ten years, New Zealand housing prices fell in the quarter. Economists at ANZ say market sentiment has changed – from “fear of missing out” to “I don’t pay for it”.
We look forward to hearing from our New Zealand readers how this may affect you.
For buyers – lower prices should be good news, but rising cost of living, inflation or the possibility of rising interest rates are forcing you to reconsider or postpone your purchase? Do you expect prices to fall further? What are your market hopes or concerns?
For sellers – how are you experiencing changes in the market? Were you able to sell your home, or experienced delays in sales? And for those who have recently bought – how does the prospect of raising interest rates affect you? We would love to hear your thoughts.
