SLOWDOWN SHOWDOWN
In the 2021 Budget, Finance Minister Grant Robertson announced that Treasury predicted the 17% price rise for the year to June 2021 would slow to 0.9% by June 2022, then rise in the region of 2% for the following years.
This prediction has been met with surprise by many property experts, who feel that the lack of housing, and the potential reopening of the borders, may keep the market buoyant.
Predicting what the housing market will do is a tricky business, but there are already signs the market is slowing. CoreLogic’s House Price Index for May revealed that nationwide values had increased by 2.2% month-on-month, which was
