NZ house prices rocket as it goes COVID free

Tuesday, 14 July 2020

With New Zealand eliminating COVID-19, its housing market has experienced a sharp bounce. The median house prices across New Zealand increased by a seasonally adjusted 3.8% in the month of June and by 10.1% year-on-year:

It was the 105th consecutive month of year-on-year price increases.

The REINZ is triumphant:

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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.