02/08/2026
The property headlines are always certain. At the 2021 peak they cheered a market that could only go up. At every low since 1992 they warned the market was broken for good. Both readings aged badly.
Kieran Trass lined up the New Zealand coverage against the actual REINZ data at every Auckland cycle turn. The pattern is clear: the headlines were loudest and most confident exactly when they were about to be wrong.
Worth a read whether you are thinking about buying, holding, or just trying to make sense of the noise.
Full article here: https://www.staircase.co.nz/insights/nz-property-cycle-headlines