House prices are accelerating again, even in Auckland

House prices are accelerating again, even in Auckland
Jenny Ruth
House price inflation continued to accelerate in November, but sales volume was down nearly 2 percent with the Real Estate Institute citing both lack of listings and a widening gap between what sellers are asking and what purchasers are prepared to pay.REINZ's national house price index rose 5.6 percent to a record in November from a year earlier and by 8.3 percent excluding Auckland.That's up from the national 3.9 percent increase in October and the ex-Auckland rate of 8.2 percent.Kiwibank economist Jeremy Couchman said this is the strongest n...

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