16 Sep 2022

Property values continue to fall as mortgages, inflation rise

From Morning Report, 8:25 am on 16 September 2022

Property values continue to fall across the country as mortgage rates and inflation take their toll.

Analytics company CoreLogic's latest quarterly report shows a drop in median property value in more than 80% of New Zealand's suburbs, while 81 individual suburbs saw falls of more than 5%

CoreLogic chief economist Kelvin Davidson spoke to Kim Hill.