Jeremy Hutton: Milford Asset Management Equities Analyst on the RBNZ and ANZ increasing their house price forecast tracks - Heather du Plessis-Allan Drive

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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