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27 Apr 2024 16:28
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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.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

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    Northern Stars coach Kiri Wills is unsure new netball contact rules are on the money yet - but she says that's expected More...

    BUSINESS BUSINESS
    A popular yoghurt pouch with kiwi kids is being recalled over fears the products may contain black plastic More...


     Today's News

    		 Law and Order:
    Police are appealing for information following multiple reports of loud bangs in Wairarapa's Solway area 16:17

     Soccer:
    Wellington Phoenix captain Alex Rufer isn't setting for just a top-two finish in football's A-League 15:27

     Law and Order:
    Harvey Weinstein will appear in a New York City court next week, according to the Manhattan district attorney's office 14:57

     Rugby:
    Northern Stars coach Kiri Wills is unsure new netball contact rules are on the money yet - but she says that's expected 14:47

     Accident and Emergency:
    A person has died and two others injured, after crashing during a fleeing driver incident, north of Otaki 13:47

     Law and Order:
    A former US police officer has been found guilty of reckless endangerment, after the fatal shooting of Christchurch man Christian Glass 13:27

     Soccer:
    For the first time in club history, A-League silverware is genuinely in the sights of the Wellington Phoenix tonight at Sky Stadium 13:07

     Accident and Emergency:
    Five people have been rescued, after getting lost on the Makarewa Falls track, in Southland's Hokonui Hills 12:27

     Golf:
    Danny Lee's hoping the birdies continue to flow in his second round at LIV Adelaide this afternoon 11:57

     Rugby:
    The Chiefs are resigned to being without fullback Shaun Stevenson for at least a couple of weeks after he suffered a hamstring injury in the win over the Waratahs in Sydney 11:37

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