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.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.