In the news

***blog post by ex Reserve Bank economist Michael Reddell on House Club***


Dunedin prices up 20% in the last year

Average house price in NZ now $714,747

Even Whakatane is no longer affordable  - there are 382 comments on this article.

Rental woes

More rental woes

Housing shortage putting pressure on rentals in Wellington

Buying a house in a tough market

Excellent article by Don Brash in ELocal

Kiwi Dream still alive



2020 home affordability survey here

and here

and here - note Table 2  - New Zealand worst

Hard hitting article from the NZ Initiative

Even the UK is reading about our housing crisis


Good article about young Kiwis priced out of the property market (subscribers only)


Interesting tiny house village in Murawai in an ex motor camp. High prices reflect the cost of zoned land in Auckland

Tiny house get's classed as a building by MBIE and now needs a building consent.


Property prices predicted to increase in 2020 by 13 economists (subscribers only but main excerpt is below)

Property prices

Panellists were asked how much they expected prices to change in 2020, following the recent upward trend which saw record-breaking median prices across the Northland, Southland, Tasman, Taranaki and Manawatu/Wanganui regions. 

Of all the cities, Dunedin came out on top with a predicted 6% price increase. This would see the median property price rise by almost $30,000, from $485,000 to $514,100. 

Dunedin was followed closely by Auckland and Wellington at 5%. The experts also forecast prices to increase by 4% in Christchurch. 

While that doesn’t bode well for housing affordability, a third of the experts are feeling positive about wage growth. However, a similar number have concerns about household debt and the cost of living.

The panel includes experts from the University of Canterbury, Property Apprentice, Real Estate Institute, Infometrics, the New Zealand Initiative, Property Council, Economics NZ, Resimac, Kiwibank, CoreLogic, ANZ and Westpac, as well as independent economist Michael Reddell.



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