close
MENU
Market Outlook
5 mins to read

House price falls likely only half-way through, economist says

ASB senior economist Mike Jones on the week ahead.

ASB senior economist Mike Jones speaks with Calida Stuart-Menteath.

New Zealand house prices are down about 6.5% from the peak late last year and ASB economist Mike Jones says there is likely more to go. The bank’s economics team is forecasting about a 12% peak-to-trough fall in house prices.

“We’re roughly about halfway through that. In terms of the

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Fiona Rotherham Mon, 25 Jul 2022
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
House price falls likely only half-way through, economist says
Market Outlook,
94959
true