Episode Details

ANZs report suggests a slower pace of house price growth in New Zealand over the next thirty years, unlike the rapid increase seen in the past three decades. This shift is attributed to factors such as steady interest rates, increased income, and a return to average home build rates. While homeowners may experience slower capital gains, first-time buyers could benefit from improved affordability. ANZ predicts a slight dip in 2023, followed by moderate growth of 3-4% annually from 2027-2028. However, potential risks like global interest rate hikes or supply issues could alter these forecasts.

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