‘BERSERK’ NEW ZEALAND HOUSE PRICE RISES TO CALM NEXT YEAR, FALL IN 2023

© Provided by BusinessWorld BENGALURU — House price inflation in New Zealand will ease substantially next year, followed by outright price falls in 2023, but affordability is set to worsen in one of the world’s most expensive property markets, a Reuters poll found.   Historic amounts of stimulus to mitigate the pandemic-induced economic recession have helped New Zealand’s econom...

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