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Auckland.Scoop » ASB Housing Confidence Survey: Sentiment Inches Up, But Kiwi Still On The Fence On Housing Market

Community Scoop » ASB Housing Confidence Survey: Sentiment Inches Up, But Kiwi Still On The Fence On Housing Market

House price falls over, but don't expect a new boom

House price falls over, but don't expect a new boom
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Kiwi house prices to descend further this year and rise next- Reuters poll

BENGALURU (Reuters) - New Zealand house prices are forecast to drop further this year, pressured by higher interest rates, according to a Reuters poll of property analysts, who expect a 20% peak-to-trough correction, roughly similar to a survey taken three months ago. | May. 31

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Kiwi house prices to descend further this year and rise next

New Zealand house prices are forecast to drop further this year, pressured by higher interest rates, according to a Reuters poll of property analysts, who expect a 20% peak-to-trough correction, roughly similar to a survey taken three months ago.

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