News

Record house price expectations

Friday 31st of July 2015

The bank’s quarterly Housing Confidence Survey shows that 65% of respondents expect house prices to increase.

This is up from 56% last quarter and means that house price expectations are now at their highest since the survey began in 1996.

ASB chief economist Nick Tuffley said house price expectations were steady over 2014 but have now picked up - consistent with...

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