News
House price bust talk exaggerated

Wednesday 17th of May 2017
Investment bank Goldman Sachs has released a report which says there is a 40% chance the New Zealand housing market will see a price “bust” in the next two years.
However, it defines a “bust” as house prices falling 5% or more after adjustment for inflation.
Economic commentator Michael Reddell said that a 5% fall in real house prices could only be descri...
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