NZ house prices rebound in “directionless” market

Monday, 14 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.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.