Overseas investor rules cool house price expectations - Colliers

Fri, 21 Sep 2018

By Gavin Evans Sept. 21 (BusinessDesk) - Expectations for house price gains appear to have cooled ahead of tighter restrictions on foreign investors buying residential properties, Colliers International says. The firm’s latest quarterly survey shows a net 26 percent of respondents expect house prices to rise in the coming 12 months, down from 36 percent in the June survey. Dunedin and Whangarei are the only centres where the number of people expecting prices to increase rose. Auckland, Wellington, Hamilton, Hawke’s Bay and Tauranga sho...

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