• RBNZ's Conway: Fundamentals that determine sustainable house prices may be changing

Market news

29 June 2022

RBNZ's Conway: Fundamentals that determine sustainable house prices may be changing

The Reserve Bank of New Zealand's chief economist Paul Conway said the tide may well have turned against housing being a one-way bet for a generation of kiwis.

Immigration is unlikely to return quickly to pre-pandemic levels, contributing to slower population growth overall.

Longer-term, fundamentals that determine sustainable house prices may be changing.

More to come

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