Brad Olsen: Infometrics Principal Economist on the strong rebound for the housing market
Heather du Plessis-Allan Drive · Newstalk ZB
August 17, 20233m 19s
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Show Notes
The Reserve Bank now says house prices are going to rise much faster than it first thought.
Forecasts now show a 9.5% rise in house prices by the end of 2025. It’s last forecast had that at 0.4%.
Combined with high interest rates, it's not looking flash for affordability.
Infometrics Principal Economist, Brad Olsen spoke to Heather du Plessis Allan.
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Topics
NewsAffordable HousingHouse price rise