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Close-up of a 'For Sale' sign in a suburban yard, indicating a property for sale.
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Economy

Cotality data reveals a housing crash twice as deep as the GFC

Twice as deep as the GFC and still falling Forget the reassuring narrative about a soft landing. Cotality's June 2026 data shows the average New Zealand home is now worth $808,187, down 17% from the 2022 peak in nominal terms and roughly 31%...

By B2B News | 13 Jun 2026 | 5 min read
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