Homes & Property New ZealandKiwis banking on overzealous price increases
Newly released BNZ Financial Futures Research has found 62 per cent [extract 1] of New Zealanders think house prices in their region are overvalued, […]
Property Noise Editorial Team
7 November 2016 • 1 min read
- Newly released BNZ Financial Futures Research has found 62 per cent [extract 1] of New Zealanders think house prices in their region are overvalued, but, paradoxically, they also seem to be banking on overzealous price increases in the next year.
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David Bullock, BNZ’s acting director of retail and marketing, says it’s important that Kiwis don’t have unrealistic expectations of continuous house price increases.
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