Kiwis confident house prices will shoot up in 2020 | NEW ZEALAND

PHOTO: Property Market

New Zealanders are confident house prices in Auckland will shoot up in 2020, the results of a new survey suggest.

And for the first time in more than two years, Kiwis believe prices will grow in every region across the country.

The poll by Colliers International found there was now a net 49 percent (optimists minus pessimists) of people expecting price growth in Auckland over the next 12 months – up from a net 6 per cent three months ago.

A net positive 41 per cent of respondents to the quarterly Residential Property Market Outlook Survey expect the median residential property price to increase.

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