Property values have highest quarterly fall since GFC
RNZ - All Programmes
English - August 02, 2022 19:12 - 4 minutes - 4.34 MBNews Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Property values dropping fast
Property values dropped by 2.5 percent over the past three months, the largest quarterly fall since the Global Financial Crisis.
Last month alone values dropped 0.9 percent.
In Wellington, the new CoreLogic figures from their House Price Index show a year on year drop in house prices, the first drop in a decade.
CoreLogic head of research Nick Goodall spoke to Corin Dann.