NZ house prices fall in June as volumes collapse

Thursday, 13 July 2017

The REINZ has released its house price data for June, which revealed a 0.2% seasonally adjusted monthly fall in the national median house price, although prices were still up 6.3% year-on-year:

Outside Auckland, house prices rose by 0.6% in June, with prices up 11.5% year-on-year.

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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.