When Will House Prices Go Up Again (Latest Bank Forecasts)
Let's not sugar-coat it: New Zealand is in the longest housing downturn on record. So how much longer does it last, and when do prices actually turn?
In this episode, Ed and Andrew line up the forecasts from every major bank, the Reserve Bank and Treasury, and crunch what they really mean for your house price.
You'll learn:
- Just how bad this downturn is compared to the ones you actually remember
- What the banks, the Reserve Bank and Treasury predict, year by year
- Why house sales have recovered, but prices haven't
Nobody knows the exact number. But every serious forecaster's line is pointing the same way ... and it's not the way the last four years went.
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