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Market Update - February 2024

What to expect from property prices over the next three decades

Growth in residential building costs falls well below long-term average

Home building consents fall 23.9% year-on-year

Property downturn ends, with prices rising 2.1% in Q4

Banks make progress on anti-scam initiatives

Residential construction costs rose just 2.4% over the past year

Coalition reforms vehicle tax and subsidy schemes

Property market ended 2023 strongly, but 2024 might be weaker

Celebrating Excellence: Loan Market Dunedin's Success at Awards Day

Economy growing again, but challenges remain

Buy and hold proving a winning formula for many home owners

Interest rates biting but mortgage arrears remain low

First home buyers snapping up more than 1 in 4 properties
