The SME Stream

New Zealand’s housing market remains firmly in buyers’ favour.
Sales activity is continuing to weaken and property values are showing little sign of a broad-based recovery.
But, while first-home buyers remain active, investors are pulling back, with some wary of what a shifting political and tax environment could mean for returns.
So, what’s really going on here? Is this just a subdued patch, or a market that’s lost its heat for longer?
Today on The Front Page, Cotality NZ Chief Property Economist Kelvin Davidson is with us to unpack where housing stands right now, and what it all means for buyers, sellers and investors.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels
Editor/Producer: Richard Martin
Producer: Jane Yee
See omnystudio.com/listener for privacy information.

Taxing the super-rich has been tried overseas and hasn't always worked out, one expert says.
The Greens have set their wealth tax rate at 2.5%, but Treasury modelling suggests it could shrink the taxable wealth base by more than 40%.
The party's own modelling puts the reduction at about 28%.
Dentons tax partner Bruce Bernacchi told Kerre Woodham if introduced, we'd be only one of five countries that have it.
He says in 1990 there were 12 countries in the OECD that had a wealth tax, and there are just four today.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.

NZME’s head of business content previews an excellent 28-page Agribusiness lift-out in the NZ Herald, where subjects as wide-ranging as global trade, AI, ag emissions, weight loss drugs and politics are covered.
See omnystudio.com/listener for privacy information.

$20trillion of debt is set to be issued in 2026, about two thirds of that is from governments.'
See omnystudio.com/listener for privacy information.

Climate Change Commission CE Jo Hendy on what changes are needed to unlock investment and help businesses decarbonise
See omnystudio.com/listener for privacy information.