Each week The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald and Newstalk ZB. Today it's what you need to know about changes in our housing market
The Front Page podcast: Is the property boom over?
AdvertisementAdvertise with NZME.
Part of the price drop is the boom in sales of affordable homes.
First-home buyers seem to have decided that now is their time, making up 29 per cent of new mortgages. While they make hay, those with more expensive properties seem to be holding back, waiting for prices to bounce back in their favour.
To break down the figures and what it means for regular people, I talked to OneRoof editor Owen Vaughan, and James Wilson from Valocity.
AdvertisementAdvertise with NZME.
For the interview, watch the video podcast.
If you have questions about Herald investigations, or want to stay up to date on social media, you can find host Frances Cook on
,
and
.