Quotable Value says the resignation of Jacinda Ardern as Prime Minister is a spanner in the works for housing values, with the election crucial to how house prices play out this year.
The latest Quotable Value House Price Index shows house prices fell nationally by an average of 10.3% last year - that's the biggest drop in more than 15 years with prices falling a further 1.2% since the New Year.
David Nagel, QV's Chief Operating Officer warns of further volatility ahead, with the election set to play a crucial role.
He spoke to Guyon Espiner.
