Housing's overvalued, but Kiwis banking on increases


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Originally published at: https://blog.bnz.co.nz/2016/11/housings-overvalued-but-kiwis-banking-on-increases/
Newly released BNZ Research has found 62% of New Zealanders think house prices in their region are overvalued, but paradoxically we also seem to be banking on big price increases in the next year. Our research showed that New Zealanders expect house prices to increase by a whopping 21% during the next year, despite the…