House price inflation ticks higher as sales volumes recover

House price inflation ticks higher as sales volumes recover
Jenny Ruth
House price inflation continued to tick higher in September and national sales volumes recovered to the highest level for the month in three years, led by activity in Auckland. The Real Estate Institute's national house price index rose 3.6 percent in the year ended September, up from the 2.9 percent annual pace in August and 1.5 percent in July. Sales volumes nationally were 5,896 in the latest month, up 3.3 percent on September last year, and in Auckland they were up 6.3 percent. Annual house price inflation in Auckland remains sligh...

More Economy

ANZ survey: ‘The worst will soon be past’
Economy

ANZ survey: ‘The worst will soon be past’

ANZ-Roy Morgan's survey shows that consumer confidence bounced back from recessionary lows in July.“It’s still very low but has clawed back about half the March-April fall that coincided with ‘recession’ headlines. The lift was driven by improving expectations rather than the...

Staff reporters 26 Jul 2024
The kiwi dollar is falling prey to the bears
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

Rebecca Howard 26 Jul 2024
Holidays Act: no vacation for taxpayers
Economy In-depth

Holidays Act: no vacation for taxpayers

Let's pay billions of dollars and get nothing new for it.

Nikitin Sallee 25 Jul 2024
Recession worries? Blame China's economic flu
Economy

Recession worries? Blame China's economic flu

Treasury's chief economic adviser says China's economic woes are being felt in NZ.

Dileepa Fonseka 25 Jul 2024