16 Oct 2024

Personal finance: When's the best time to buy a house?

From Nine To Noon, 11:45 am on 16 October 2024
Stylised illustration of person walking between houses and apartment buildings

Photo: RNZ

Money expert Liz Koh says the last few years have been a rollercoaster for house prices.

They went from a post-Covid boom in 2022 to a fall over the following 18 months - largely driven by changes to interest rates.

Now rates are falling, is now the time to buy? Liz looks at the important principles to keep in mind when thinking about buying property. 

Liz Koh is a money expert specialising in retirement planning. The advice given here is general and does not constitute specific advice to any person. 

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