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  • A large majority of people do not fear a crash in property prices, at least in the short-term.

The survey by the Property Institute, the body representing valuers and other property professionals, found that 56 per cent believed house prices would rise in the next six months.

Only 8 per cent were picking a drop, and 28 per cent felt they would stay the same.

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more-than-half-the-survey-picked-house-prices-to-continue-rising-for-the-next-few-months

DAVID WHITE/FAIRFAX NZ
More than half the survey picked house prices to continue rising for the next few months.