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'Economics 101 of supply and demand': Bayleys CEO explains the current housing market

Author
Newstalk ZB,
Publish Date
Mon, 8 Jun 2026, 11:42am
Photo / Mark Mitchell
Photo / Mark Mitchell

'Economics 101 of supply and demand': Bayleys CEO explains the current housing market

Author
Newstalk ZB,
Publish Date
Mon, 8 Jun 2026, 11:42am

Bayleys CEO Mark Macky joined Kerre Woodham to discuss everything to do with the current housing market including prices, predictions, where the demand is, and advice for first home buyers. 

Macky said that despite the recent changes in the market, for those buying and selling there shouldn't be an issue, "the good news for them though, is that, if you're buying and selling in the same market, if you sell it what the property is worth today, you're also going to buy what the property is worth today. So, you know, so it's all relative."

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