Those vying for a house in the North Island are most at-risk in an economic downturn.
CoreLogic's Property Vulnerability figures released just moments ago show the areas most prone to changes in the housing market, in the wake of record property prices.
Auckland is the most vulnerable main centre, while in the regions, it's Ōtorohanga and Mackenzie.
Māni Dunlop spoke to Corelogic's Chief Property Economist Kelvin Davidson.