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6 Jul 2020 15:10
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  •   Home > News > Business

    Westpac is predicting house prices will rise by up to seven per cent next year

    Westpac is predicting house prices will rise by up to seven per cent next year


    The latest data from the Real Estate Institute shows prices are picking up after a sluggish period.

    Westpac says the cancellation of a capital gains tax, combined with tumbling mortgage rates, will push prices higher.

    The bank predicts rises will be most pronounced in Christchurch and Auckland, where markets have been weakest.

    © 2020 Newstalk ZB, NZCity


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