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Infometrics Principal Economist Brad Olsen on the strong rebound for the housing market

Publish Date
Thu, 17 Aug 2023, 6:22pm
Photo / NZME
Photo / NZME

Infometrics Principal Economist Brad Olsen on the strong rebound for the housing market

Publish Date
Thu, 17 Aug 2023, 6:22pm

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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