Latest / Auckland News Today | 2 Min News | The Daily News Now!
Flood Zones Rising in Value | Auckland News
Flood-prone homes are outpacing non-flood zones in value growth, defying expectations as buyers trade risk for affordability amid soaring housing prices. Even after major 2023 floods in Auckland and Hawke’s Bay, these properties have surged in appreciation since 2020. Industry experts say careful research can turn flood-risk homes into smart investments, but warn lower-income buyers may be taking on too much risk. With government buy-out programs winding down, some high-risk properties could soon face resale challenges. Still, demand remains strong — and due diligence is essential to navigate…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.