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Unlike Australia, New Zealand housing affordability continues to improve

Unlike Australia, New Zealand’s housing affordability continues to improve. And the charts below by Justin Fabo from Antipodean Macro tell the tale. New Zealand dwelling values fell slightly again in July, down 0.4% year-on-year. Values have now fallen for around 4.5 years after peaking in late 2021. In real inflation-adjusted terms, New Zealand dwelling values The post Unlike Australia, New…

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