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Liam Dann: 'Jaw-dropping' new data highlights NZ's housing crisis challenge

Liam Dann: Jaw-dropping new data highlights NZ s housing crisis challenge
16 Feb, 2021 04:45 AM
5 minutes to read
Housing costs were rising before the pandemic property boom and new forecasts aren t good. Photo / File
Housing costs were rising before the pandemic property boom and new forecasts aren t good. Photo / File
As the events of the past few days have shown, we are still in the thick of a dangerous pandemic.
But the latest lockdown hasn t given the Government a break from worrying new data highlighting
the extent of New Zealand s housing crisis.
Three new sources arrived today . well, two datasets and an ominous set of forecasts. ....

New Zealand , New Zealand General , Bay Of Plenty , Jarrod Kerr , Kiwibank Kerr , Mike Jones , Westpac Stephens , Real Estate Institute , Economic Overview , Official Cash Rate , Resource Management Act , Jaw Dropping , புதியது ஜீலாந்து , புதியது ஜீலாந்து ஜநரல் , வளைகுடா ஆஃப் ப்லெஂடீ , ஜார்ரோட் கெர் , மைக் ஜோன்ஸ் , வெஸ்ட்பேக் ஸ்டீபன்ஸ் , ரியல் எஸ்டேட் நிறுவனம் , பொருளாதார ஓவர்‌வ்யூ , அதிகாரி பணம் ரேட் , வள மேலாண்மை நாடகம் , கடந்த காலம் , சர்வதேச பரவல் ,

What will NZ house prices do in 2021? Experts make their forecasts

What will NZ house prices do in 2021? Experts make their forecasts
1 Jan, 2021 04:00 PM
6 minutes to read
National house prices could rise by as much as 13 to 16 per cent in the next few months.
Economists at Westpac, ASB, BNZ and Kiwibank say low interest rates and high demand will continue to have an impact in the new year.
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The economists predictions vary, but they agree that 2021 s housing market will build on records set last year.
These predictions come despite the Reserve Bank s scheduled introduction of tougher lending rules for investors in March.
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Westpac chief economist Dominick Stephens said house price inflation had a way to run yet and he s picking big growth this year. ....

New Zealand , Herne Bay , New Zealand General , Kiwibank Kerr , Jarod Kerr , Stephen Toplis , Grant Robertson , Adrian Orr , Westpac Stephens , Mike Jones , Dominick Stephens , Reserve Bank , Finance Minister Grant Robertson , புதியது ஜீலாந்து , ஹெர்ன் வளைகுடா , புதியது ஜீலாந்து ஜநரல் , ஜரோட் கெர் , மானியம் ராபர்ட்சன் , வெஸ்ட்பேக் ஸ்டீபன்ஸ் , மைக் ஜோன்ஸ் , டோமினிக் ஸ்டீபன்ஸ் , இருப்பு வங்கி , நிதி அமைச்சர் மானியம் ராபர்ட்சன் ,