How long will it take for property prices to recover?⎜Ep. 1642⎜Property Academy

On this episode of the Property Academy podcast, Ed and Andrew tackle the pressing question on every property investor's mind: How long will it take for property prices to recover?
With a specific focus on the recent market downturn, we explore the varied impact across different regions, from Auckland's 19.7% drop from its peak to Lower Hutt's staggering 26.4% decrease.
Using a comprehensive model that runs 30,000 simulations based on historical data, we provide a median recovery time estimate and discuss the best and worst-case scenarios.
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[@andrewnewman313]

But what if this isn’t the bottom? I’m watching for the next few months to see if the prices trend down. I’m also interested to see if unemployment rate increases as in the 2008 crisis it was only after unemployment increased that forced sales shot up.

[@WTFrUonM8]

Big lay offs coming both in public and private sector. Lets see what these guys are saying in 6 weeks time.

[@96Caleb96]

Big layoffs happened in December 2023 and 2022 yet house prices rise still