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The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [ 1 ] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.
In a new study, Realtor.com forecasted the American real estate and housing market of 2025 and predicted the 100 markets in America for the coming year. After crunching a complex series of numbers ...
US house price trend (1998–2008) as measured by the Case–Shiller index Ratio of Melbourne median house prices to Australian annual wages, 1965 to 2010. As with all types of economic bubbles, disagreement exists over whether or not a real estate bubble can be identified or predicted, then perhaps prevented.
There’s good news in the housing market to close out 2024: There’s a lot more supply on the housing market. The bad news: A lot of that supply is stale, sitting unsold for much longer than usual.
The real estate market has been challenging to understand over the last few years. Limited inventory, higher interest rates and increased home prices have frustrated many potential home buyers,...
British property bubble; Canadian property bubble - ongoing currently; Chinese property bubble – 2005–2011; Danish property bubble – 2001–2006; Irish property bubble – 1999–2006; Japanese asset price bubble – 1986–1991; Lebanese housing bubble; New Zealand property bubble – ongoing currently; Polish property bubble – 2002–2008
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When records began in 1974, new homes in New Zealand had an average floor area of 120 m 2 (1,290 sq ft). Average new home sizes rose to peak at 200 m 2 (2,150 sq ft) in 2010, before falling to 158 m 2 (1,700 sq ft) in 2019. [17] In 1966 the New Zealand Encyclopedia recognised seven basic designs of New Zealand houses. [18]