Gareth Kiernan: Infometrics chief forecaster on house prices picking up again after a 18-month slump

from Best of Business · host Newstalk ZB

House prices are in recovery mode after a 18-month slump, according to new data. The Reserve Bank's today held the Official Cash Rate at 5.5 percent- with the next review of monetary policy late November. Infometrics chief forecaster Gareth Kiernan says increased interest rates are still a concern for prospective buyers, but an uptick in migration has added to demand. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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This episode was published on October 4, 2023.

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