People are expecting lower house prices
People are expecting lower house prices
27 May 2019
In the latest ASB Housing Confidence Survey, expectations of house prices have fallen across the country ... but especially in Auckland.
For the first time since 2009, price predictions in Auckland have turned negative, with 12-percent expecting a decline.
ASB Chief Economist, Nick Tuffley, says there continues to be a disconnect between Auckland and the rest of New Zealand.
He says in this quarter, the gap has become considerably bigger.
© 2024 Newstalk ZB, NZCity