New Zealand house prices forecast to drop 18% from peak: Reuters Poll By Reuters

New Zealand house prices forecast to drop 18% from peak: Reuters Poll By Reuters

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By Vivek Mishra BENGALURU (Reuters) - New Zealand's house prices are forecast to fall more than previously thought this year and next with a peak-to-trough slump of 18% as aggressive interest rate hikes weaken an already-slowing housing market, a Reuters poll found. Average house prices in the…

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