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Sharon Zollner: ANZ Chief Economist on their house price inflation forecast being revised down to 2%
Published 1 month, 1 week ago
Description
Economists are expecting the Official Cash Rate to rise sooner rather than later, flattening forecasts for the property market.
Cotality's latest report shows almost three quarters of local respondents expect house prices to rise this year.
Meanwhile, ANZ's slashed its house price inflation forecast for 2026 from 5% to 2%.
ANZ Chief Economist Sharon Zollner told Mike Hosking the economy can't grow too fast.
She says two hikes are already expected this year.
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