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23 Sep 2025 11:30
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  •   Home > News > Business

    An economist says differences in supply are resulting in very different housing markets between New Zealand and Australia

    An economist says differences in supply are resulting in very different housing markets between New Zealand and Australia


    Australia's median home values are now up 4.1-percent over the year.

    Meanwhile New Zealand values are sitting 16-percent below the 2021 market peak.

    Infometrics Principal Economist Brad Olsen says we've had a very high number of building consents recently.

    He says Australia last year hit the lowest number of building consents in a decade.

    © 2025 Newstalk ZB, NZCity

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