Economists and the Reserve Bank have been laying out their predictions on house prices.
The RBNZ recently increased their house price forecast track in their Monetary Policy Statement- but they still expect some house price falls.
ANZ economists followed suit, raising their price forecasts and citing positive net migration as a key factor.
Milford Asset Management Equities Analyst Jeremy Hutton says this indicates market consensus believes peak bad news in the housing market is trending down.
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