Overall prices down 17% from the covid peak across New Zealand. Some areas showing as much as 25% declines.
And the rule in real estate is that booms are long and so are crashes.
This is another canary in the coal mine. We saw a global real estate bubble so I expect a global burst, with the United States not being immune to this (despite what coping finance gurus will tell you ).
Overall prices down 17% from the covid peak across New Zealand. Some areas showing as much as 25% declines.
And the rule in real estate is that booms are long and so are crashes.
This is another canary in the coal mine. We saw a global real estate bubble so I expect a global burst, with the United States not being immune to this (despite what coping finance gurus will tell you ).
https://www.youtube.com/watch?v=4j9F45hhvL4&ab_channel=BikoKonstantinos