House price expectations at highest level since 2010

Fri, 29 Jan 2021

New Zealanders expect house prices will lift 6.9 percent annually, the latest ANZ–Roy Morgan Consumer Confidence Index says.The index, released today, found annual house price inflation expectations increased 0.2 percentage points to almost 7 percent in January. Those expectations were strongest in the North Island, excluding Auckland and Wellington, with prices expected to rise 7.9 percent annually.“Household house price expectations are the highest since the question was first asked in late 2010, but the increase is slowing and th...

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