Podcasts Other The Mike Hosking Breakfast Owen Vaughan: OneRoof editor on the research showing that house prices are predicted to return to post-covid highs

Owen Vaughan: OneRoof editor on the research showing that house prices are predicted to return to post-covid highs

Published: Feb. 29, 2024, 6:53 p.m.

House prices are predicted to soar back to post-covid highs sooner rather than later. \xa0

OneRoof-Valocity research predicts average property values will return to February 2022 highs of just under $1.1 million in the third quarter of 2025.\xa0

It shows Auckland and Wellington regions will have to wait a little longer. \xa0

OneRoof editor Owen Vaughan told Mike Hosking that the research shows that recovery is going to be gradual and steady.\xa0

He said that the Reserve Bank saying that interest rates would remain higher for longer provided certainty to the market.\xa0

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