Kiwis have never been more confident house prices will keep rising. A net 73% expect house prices to keep rising over the coming 12 months – the highest in the 25-year history of the ASB Housing Confidence survey.

The excess-demand coursing through the residential property market looks set to remain in place for all of 2021. And most – including ASB Bank – expect this to keep prices rising. ASB are forecasting a further 15% lift over calendar 2021.

John Kenel
Assured Property

Source: ASB Bank

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