House price inflation ticked up a tad in May

House price inflation ticked up a tad in May
Jenny Ruth
By Jenny Ruth June 14 (BusinessDesk) - House price inflation edged marginally higher in May, suggesting the government’s decision in April to shelve a capital gains tax and the Reserve Bank’s decision to cut interest rates early in May have started to take effect. The latest Real Estate Institute’s house price index shows house prices across the country rose 0.2 percent in May from April and were 1.8 percent higher than a year earlier, faster than the 1.3 percent annual pace in April. That was entirely due to annual house price deflati...

More Infrastructure

AT laying groundwork for congestion charging
Infrastructure

AT laying groundwork for congestion charging

AT wants to move quickly on time-of-use charging once legislation is in place.

Oliver Lewis 23 Apr 2024
AI is a humungous electricity hog. That’s great
Infrastructure

AI is a humungous electricity hog. That’s great

Who better to drive clean-energy investment than some of the world’s biggest firms?

Bloomberg 20 Apr 2024
Fast-track ‘stakeholders’ list released
Economy

Fast-track ‘stakeholders’ list released

Major corporates including Carter Group and Fonterra are on the list.

Victoria Young 19 Apr 2024