24 Feb 2022

OCR will keep going up - economist

From Morning Report, 7:40 am on 24 February 2022

The latest cash-rate increase puts the OCR back to where it was before the pandemic.

CoreLogic chief property economist Kelvin Davidson says that while the OCR will "definitely" keep moving up, the housing market itself is in slowdown.

He sees house prices experiencing a "modest" fall in the current year, although that's off the back of some pretty walloping increases over the year just gone.

He spoke to Corin Dann.