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More people expect price declines

Expectations of lower house prices now exceed any time since the survey started in 1996
Respondents on balance were mindful that interest rates could rise further yet
Consequently people generally view now as a bad time to buy

Please click here for full PDF report.

www.asbsecurities.co.nz www.asb.co.nz www.commbank.com.au

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Report Prepared by:
Nick Tuffley
ASB Chief Economist
Phone: (649) 374 8604
Facsimile: (649) 302 0992


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