News
No property price crash looming
Tuesday 26th of July 2016
That is the message from economists, who say the heat is slowly coming out of the property market but supply pressure will limit any fall in values.
Yesterday, Infometrics forecast that building consents would hit record levels by 2018, which would result in house prices falling 11% over two years, from next September.
Nick Tuffley, chief economist at ASB, said he agreed that pr...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
2 min read