SunLive - Higher costs and slower house prices growth ahead
Higher costs and slower house prices growth ahead Growth of house prices is expected to drop to five per cent by the end of 2022. '); } else { // } Slowing house prices, rising inflation pressures, and sooner-than-expected rises in interest rates will be prominent in the near term economic outlook, according to ASB Bank. In its latest quarterly forecasts, the bank says there are growing pains ahead as the economy continued the recovery from the pandemic. Chief economist Nick Tuffley says the vaccine rollout around the world is pointing to above-average growth this ...