Residential - Boom or Bust

[winner (n)]

No worries as the much lauded Kelly at Westpac says house prices will go up 4% in 2025 and then growth to return to average rates of growth next year with prices up more than 6% in 2026

So looking good.

[Dolcile]

I can't see much - if any - property growth for the next few years.  It is really tough times out there for most kiwis. 

[Shareguy]

Good news for councils and rate payers but owners of leaking/defective homes will suffer big time.

The PM and Building Minister Chris Penk have announced two major amendments to the Building Act aimed at (i) speeding up NZ's sluggish consenting system, (ii) easing the cost burden on councils/ratepayers, and (iii) ultimately lowering build costs (with the average standalone house in NZ ~50% more expensive than in Australia). https://www.nzherald.co.nz

Proportionate liability: The current joint-and-several framework will be scrapped, with liability shared more evenly across builders, designers, suppliers, and engineers. Councils will no longer shoulder 100% of risk, which should reduce defensive consenting practices and ease ratepayer exposure (particularly when it comes to defective building work

[Shareguy]

Got to be good for the housing market.

Interest rates on the decline and now this

https://www.nzherald.co.nz/business/personal-finance/reserve-bank-to-ease-mortgage-lending-restrictions-from-december/3UZYVO3WHZAFBF34LH33TBSKQ4/

Property data for September 2025 has been released this morning showing slight price growth MoM nationally (+0.8% or +1.3% once seasonally adjusted). Days to sell at 43 still sits above the 10 year average of 40, but still down 6 days YoY. National sales were up 3.1% year-on-year to 6,346 sales, and New Zealand, excluding Auckland, saw a rise of 7.5%, to 4,421. https://www.reinz.co.nz

I wonder which stocks would benefit from a improving property market🤫