The downturn isn't over yet
The NZ Property Market Podcast - A podcast by CoreLogic NZ
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Send us a question/idea/opinion direct via text message!The discussion kicks off this week on the topic of house prices, with the CoreLogic Index last week showing further falls. Sure, the drop was smaller than in recent months. But be careful of reaching the conclusion that the downturn might also be over. It probably isn’t, and the ultimate peak for mortgage rates could hold the key as to when property values find a floor.Indeed, the macro news last week also had a negative tone, such as fi...