Low interest rates have fired up the housing market and should prompt more house price growth through next year than had been expected, ASB's economists say. They have revised their house price forecasts for 2020. DAVID WHITE/STUFF ASB expects house price growth in Auckland of 5.5 per cent next year and 4.3 per cent in 2021. ASB expects house price growth in Auckland of 5.5 per cent next year and 4.3 per cent in 2021. Jones said the fundamentals of the market were strong, with population growth high and mortgage rates likely to stay low.

Source: Stuff December 17, 2019 01:18 UTC