ANZ hikes house price growth forecast

ANZ has lifted its forecast for house price growth over the second half of this year. (Image: ANZ)

Mon, 25 Sep 2023

The housing market may have turned a corner, but ANZ is warning homeowners and investors to be careful what they wish for.In its monthly property focus report, released on Monday, the bank said it had revised its house price forecast upwards and was now predicting a 4% increase over the second half of this year.It follows sustained month-on-month increases, according to data from the Real Estate Institute of New Zealand (REINZ).The property focus report said August figures from the REINZ index showed a 0.7% seasonally adjusted increase on the p...

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