Crystal ball gazing the real estate market

What does the future hold for the Auckland real estate market? VICKI HOLDER asks the experts.

Monday, November 11th 2002, 8:40AM

by Vicki Holder

Auckland’s residential real estate market is on a high. Cautious home owners question whether it can last. Will the market plateau soon, or is it headed higher still? Are we in a boom that's sure to go bust?
Pundits agree the Auckland real estate market will remain reasonably robust for at least two or three years. It's driven by supply and demand, and with the rapidly increasing population, growth is not keeping up with demand.
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