Less than a month ago, the Reserve Bank of New Zealand (RBNZ) projected that New Zealand house price growth would peak at 22% mid-year, which would be the strongest growth since 2003:
RBNZ predicted that New Zealand house prices would grow 22% in FY 2021.
Now the government-owned Kiwibank has upped the ante, forecasting that New Zealand house prices would peak at 25% by mid-2021:
