3 Mar 2021

Could the overheated housing market be cooling?

From Morning Report, 7:09 am on 3 March 2021

Mathematical blip or the beginning of the end of our house price crisis?

The latest figures released this morning by property data analysis company CoreLogic show month-on-month property values in our main centres have continued to rise with one glaring exception.

Tauranga's house prices have experienced a drop of 1.5 percent over the month of February.

CoreLogic says it is a decline that kicks all of the recent trends into touch and could signal the start of brakes being applied to house prices across the country,

Its head of research Nick Goodall spoke to Corin Dann.