6 Mar 2023

NZers expectations of house prices switched - ASB

From Morning Report, 8:16 am on 6 March 2023

ASB says New Zealanders' expectations of housing prices have done a 180 from this time 2022. 

The bank's latest housing confidence survey shows nearly 50 percent of people expect house prices to fall in the coming year, compared to a similar proportion anticipating price rises last year.

ASB senior economist Kim Mundy spoke to Guyon Espiner.