Is the housing market’s tide really turning?
When the Facts Change
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New Zealand House Prices Have Risen More Than Other Countries
New zealand's house prices have risen more than others around the world. The country has been shaded on the upside in terms of demand, but also constrained by land and population growth. Land supply is a very important aspect of the supply of housing - if cities can kind of grow outwards and upwards with more people, then that increase in demand will translate into more building ar more houses.
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