BNZ: Prices to Settle Above Pre-Pandemic Levels, Fears of Rental Shortages & Drop in Mortgages

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“The Week in Review”  is where we talk about current events for the everyday investor and homebuyer.

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THIS WEEK IN REVIEW TOPICS:
Topic #1: Interest.co.nz 7th of June -BNZ economists say if they are right about the housing market having bottomed then prices will be levelling out around 20% above pre-pandemic levels

Topic #2: Newshub 4th of June- Fears of rental accommodation scarcity as a third of landlords contemplate selling up

Topic #3: Stuff 5th of June- Pandemic wealth vanishes: Will we get it back?

Topic #4: NZ Herald 7th June- Housing: Residents in Auckland and Christchurch feel caught out by new Kāinga Ora developments

Topic #5 Good Returns 6th of June - New data shows steep declines in new mortgage lending

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*Nothing from this episode should be taken as individual financial advice.

*Property Advice Group Limited trading as Property Apprentice has been granted a FULL Licence with the Financial Markets Authority of New Zealand. (FSP Number: FSP157564) Debbie Roberts | Financial Adviser (FSP221305) For our Public disclosure statement please go to our website or you may request a copy free of charge.