Skidmore, Mark - Victoria Business School, Victoria University of Wellington - 2014
Over the last two decades, New Zealand experienced a threefold increase in housing prices. The largest surge in prices … in recent years occurred between 1998 and 2007, a period of housing price growth in many developed economies. Since 2007 …, housing price growth remained flat until 2011, and then prices once again embarked on an upward trend. However, recent housing …