Annual national house price growth continues to slow

Tue, 02 Apr 2019

By Jenny Ruth April 3 (BusinessDesk) - House prices in many parts of New Zealand are still rising at double-digit annual rates but they are falling in the Auckland region and the odd smaller centre. That meant that nationally, annual house price growth slowed to 2.5 percent in March, down from an annual pace of 3 percent in February and 7.3 percent in March last year, according to the latest Quotable Value data. “Affordability constraints have put the brakes on national value growth, particularly in high-value regions,” QV says. Gen...

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