NZ house prices rebound in “directionless” market

Sunday 13 May 2018

The REINZ has released its house price data for April, which revealed a 0.7% seasonally adjusted monthly rise in the national median house price, with prices also up 2.3% year-on-year, which follows March’s 2.2% decline in values:

Outside of Auckland, seasonally adjusted house prices also rose by 0.7% in April, with prices up 6.3% 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.