Auckland house prices continue to fall

Tuesday, 17 April 2018

The REINZ has released its house price data for March, which revealed a 2.2% seasonally adjusted monthly decline in the national median house price, although prices were up 1.9% year-on-year:

Outside of Auckland, seasonally adjusted house prices rose by 0.1% in March, with prices up 5.9% 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.