House prices unlikely to peak again until 2029 – ASB’s New Zealand House Price Outlook

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Photo / George NovakHouse prices are unlikely to reach their 2021 peak until late 2029, according to a new ASB report. Photo / George NovakHome owners hanging out for a return to peak house prices could be waiting for another three years.ASB analysis suggests the late 2021 nominal price peaks are unlikely to be reached again until late 2029, according to its New Zealand House Price Outlook. It expects national house prices will