Yes, Auckland house prices are high, but don't expect a bursting bubble
Economists don't expect an imminent sharp drop in Auckland house prices. With special feature audio.
Everybody agrees there’s a problem in the Auckland housing market but economists say calling it a bubble is alarmist and a dramatic bursting is unlikely.
Indeed, Westpac’s chief economist Dominick Stephens says an adjustment downwards in Auckland house prices is already under way.
And house
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Jenny Ruth
Tue, 26 Jan 2016
Tue, 26 Jan 2016
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Yes, Auckland house prices are high, but don't expect a bursting bubble
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