Property values are likely to build back up to 2022's boom, by the end of next year
Property values are likely to build back up to 2022's boom, by the end of next year
1 March 2024
OneRoof-Valocity research is picking average house prices will return to February 2022 high's of just under 1.1-million dollars, in the third quarter of 2025.
It shows Southland and Canterbury are already close to reaching those peaks.
OneRoof editor Owen Vaughan says they've had a quicker recovery due to their affordability.
He says the market's still a bit subdued - which shows there'll be slow, steady growth to get back to where we were by these dates.
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