NZ housing market ended 2019 with a bang

Thursday, 16 January 2020

The REINZ has released its house price data for December, which revealed a 0.4% seasonally adjusted increase in values over the month, with values nationally surging by 12.4% year-on-year to a new record high:

The breakdown by region is shown below:

Outside of Auckland, seasonally adjusted house prices rose by 0.7% in November, 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.