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The REINZ has released its house price data for June, which revealed a 0.3% seasonally adjusted rise in the national median house price, with prices up 1.7% year-on-year:
Outside of Auckland, seasonally adjusted house prices rose by 0.4% in June, with prices up 6.5% year-on-year.
Auckland’s seasonally adjusted median house price rose by 0.1% in June, but was down 3.5% 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.