New Zealand banks predict 20% drop in house prices over next year

  • 📰 Guardian news
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 68%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Economists say tighter credit conditions, higher mortgage rates and increased housing supply behind sinking prices

Price drops and supply increases will be welcome news for prospective buyers, but recent first homebuyers who spent up large now to own an asset that is less valuable, and increasing interest rates due to inflation, could make paying off a hefty mortgage more challenging, as a cost of living crisis also bites.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is not a war on land it is a religious war and an attempt to destroy the State of Israel when Arab states began a bloody campaign of persecution against their own Jewish communities following the declaration of the State of israel 850,000 Jews were expelled or forced to flee

NOT Sustainable TheKnightThief ⚖️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New Zealand banks predict 20% drop in house prices over next yearEconomists say tighter credit conditions, higher mortgage rates and increased housing supply behind sinking prices turn floor mine Good-oh. Anyone Needs a Quality Logo done?
Source: The Guardian - 🏆 84. / 53 Read more »