An equity research analyst has laid out his forecast for the property market over the next 18 months
An equity research analyst has laid out his forecast for the property market over the next 18 months
3 June 2022
Jarden's Grant Swanepoel says he's predicting house prices will fall by 18 percent by the end of next year.
That'll see the national average of 905 thousand dollars fall to 740 thousand dollars.
He says generally he's expecting about a one percent decline in prices per month for the next 18 months, and then things to stabilise and maybe start reverting.
© 2024 Newstalk ZB, NZCity