As of last week (15 June 2023), New Zealand slipped into a technical recession.
Irrespective of the seeming doom and gloom, some economists point to signs of growth and recovery in the housing and rental sectors to suggest that things are looking up. We speak to Corelogic NZ chief economist Kelvin Davidson to find out what he is seeing on the ground, what’s happening with the job market and immigration that will create a stronger demand for rental housing.
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