New Zealand Economy

NZ house prices rise in January as “affordable” homes vanish

Leith van Onselen
Monday 13 March 2017
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By Leith van Onselen

The REINZ has released its house price data for February, which revealed a 0.3% seasonally adjusted monthly rise in the national median house price, with prices up 14.1% year-on-year:

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Outside Auckland, house prices rose by 0.2% in February, with prices up 7.2% 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.