How slow population growth will affect the housing market

NZ's rate of population growth is slowing, taking pressure off housing shortages. (Image: Getty)

Wed, 17 Aug 2022

Population growth is one of the foundations of demand for housing and we are flying somewhat blind over how fast the population is growing, with migration estimates turning more negative. The latest population figures show a sharp slowdown in population growth, with an increase of just 12,700 in the year to June 30, the slowest growth rate since 1986.We expanded the “grey force” by 22,800 but shrank the population under 65 by 10,000. The dependency ratio is going the wrong way.So, the population is still growing, driven by natu...

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