House prices are accelerating again, even in Auckland

Fri, 13 Dec 2019

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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