Around the rest of the country, the key message is the same โ even though the housing affordability has generally started to improve as property values have fallen and incomes have risen, the increases in mortgage rates mean that ๐๐๐๐ญ ๐ฌ๐๐ซ๐ฏ๐ข๐๐ข๐ง๐ ๐ฌ๐ญ๐ข๐ฅ๐ฅ ๐ซ๐๐ฆ๐๐ข๐ง๐ฌ ๐ฌ๐ญ๐ซ๐๐ญ๐๐ก๐๐ ๐ข๐ง ๐ญ๐๐ซ๐ฆ๐ฌ ๐จ๐ ๐ก๐จ๐ฐ ๐ฆ๐ฎ๐๐ก ๐ข๐ง๐๐จ๐ฆ๐ ๐ข๐ญ ๐๐๐ฌ๐จ๐ซ๐๐ฌ.
This is why our work is so important – helping people in Nelson and Tasman region into decent, quality and affordable homes. Through our transparent re-to-buy Progressive Home Ownership programme, we make locals mortgage ready stress-free and faster.
Have a look at our infographics about housing affordability for Nelson Tasman region in 2nd quarter 2023.
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Source: Housing Affordability Report New Zealand Q2 2023, released August 2023.
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