A real estate expert says a lift in the housing market is simply a matter of when, not if
A real estate expert says a lift in the housing market is simply a matter of when, not if
16 October 2019
Westpac is tipping house prices to increase by up to seven percent next year, with ASB also predicting the market to "spring back to life".
The bank predicts the turnaround will be most pronounced in Christchurch and Auckland.
Real estate company CEO Mike Pero says it's realistic given the current market.
He says there's often a jump in areas where the market has been relatively stagnant over the past few years.
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