Originally Posted by
winner69
Big problem is that too many on here read the newspapers and pay homage to the bank economists who generally push the narrative that suits their employer bank’s needs. A bit of gaming the RBNZ I reckon.
I’ve just read a detailed report from an independent economist / commentator who has no such barrow to push.
The analysis has the impacts on the housing market of such things as foreign buyers, migration, interest rates, banks lending criteria, amount of lending, house sales activity, supply and demand, employment, sections, government policy and a raft of other things
The conclusion — the number of house sales will remain choppy over the next year but we’ll likely see more property sales than pcp and that the HPI could increase by 5% over the same period
No link sorry, it’s subscription based and costs money ...but at least a truly independent view of somebody who has had a pretty good track record over the years re housing things.