A net 78.7% of respondents believe current monetary conditions are easier than neutral. This is up from a net 64.7% in the previous quarter’s survey. A net 80.9% of respondents believe monetary conditions in one year’s time will be easier than neutral. House prices are expected to grow at 3.09% in two year’s time. This is an increase from 2.56% reported in the previous quarter’s survey. 54.3% of respondents expect one year ahead house price inflation to be more than 2.0%. Compared with last quarter, expectations for annual real GDP growth decreased from 2.19% to 2.10% for one year ahead. The March quarter ... (full story)