23 Jul 2021

Are house prices on the move?

From Midday Report, 12:17 pm on 23 July 2021

CoreLogic's property market and economic update has found the housing market is reaching a turning point, with sales and price growth expected to peak in coming months.

The figures for the three months to June, shows the residential property market losing momentum, with fewer properties for sale and prices increasingly unaffordable.

Māni Dunlop spoke to the chief executive of the Real Estate Insitiute of New Zealand, Jen Baird.