Dawn chorus: 17% housing inflation?
Westpac forecasts 17% house price inflation in 2021, despite technical recession in first half of the year;
TLDR: Morena. Westpac’s economists are forecasting another 17% rise in house prices this year before the current surge of housing supply and low migration see prices fall as much as 4% in 2024. Watch out for REINZ’s house price data for January later today.
The first batch of vaccines landed yesterday morning and the first vaccinations of border staff wi…
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