New Zealand Economy

NZ house prices rise in January as “affordable” homes vanish

Leith van Onselen
Monday, 13 March 2017
Advertisement

By Leith van Onselen

The REINZ has released its house price data for February, which revealed a 0.3% seasonally adjusted monthly rise in the national median house price, with prices up 14.1% year-on-year:

ScreenHunter_17905 Mar. 13 08.54
ScreenHunter_17909 Mar. 13 08.57

Outside Auckland, house prices rose by 0.2% in February, with prices up 7.2% year-on-year.

Advertisement

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
Twitter Share
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.