By David Cunningham*Since 2020, the story of New Zealand house prices has been a truly wild one. This limited supply, plus ongoing demand from a growing population, has supported house prices – keeping them at all-time highs. Those people all need somewhere to live – and that’s helped to push up both house prices and rents. What’s interesting to note about UK house prices is just how steadily they’ve increased over this time. The extraordinary monetary policy easing the world over was behind this, instead supporting house prices.

Source: New Zealand Herald December 09, 2023 11:56 UTC