NZ Housing: Rate Cuts Fail to Spark Market
Update: 2025-09-15
Description
New Zealand's housing market defies expectations! Despite aggressive interest rate cuts by the central bank to stimulate the economy, home prices dipped in August, down 1.3% from July and 0.5% year-over-year. Sales are also sluggish, with buyers adopting a cautious, wait-and-see approach. Will further rate cuts be enough to revive the market, or will uncertainty continue to reign?
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