Suggestions the housing market hasn't been hit as hard as had been feared
Suggestions the housing market hasn't been hit as hard as had been feared
21 July 2020
ASB is predicting a "modest" 6 per cent fall in housing prices, after a post-lockdown housing stocktake.
The bank says it wanted to give Kiwis clarity - as recent housing commentary has been conflicting.
Senior Economist Mike Jones says prices haven't really changed.
He says prices fell initially in May and April during lock down, but bounced back a little in June.
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