Property
Sponsored by
mansons TCLM

ASB adjusts housing inflation to 15% on latest data

Brent Melville
Wed, 16 Jun 2021

ASB adjusts housing inflation to 15% on latest data
Govt interventions slow to take root: ASB
Brent Melville
Wed, 16 Jun 2021
ASB Bank has bumped up its forecast for annual house price inflation from 10% to 15% for 2021 as sales data to May shows government action to quell pricing has had little impact so far.The Real Estate Institute of New Zealand (REINZ) said the country's annual house price inflation was 29.8% in the 12 months through May, the highest level in 39 years.Last month was also the first time there was annual price inflation of more than 20% in all regions. This was supported by a lack of stock with listings on realestate.co.nz falling to 14,26...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Law & Regulation
Court keeps prominent family's commercial dispute under wraps
Victoria Young | Wed, 10 Aug 2022

The proceeding alleges breaches of the Companies Act and breach of contract.

Markets
Analysts watch for faltering economy in August earnings
Dan Brunskill | Wed, 10 Aug 2022

Reporting seasons begins in earnest next Monday when Contact Energy reports its full-year results.

Law & Regulation
Commerce Commission will use beefed-up fines to chase non-notified mergers
Greg Hurrell | Wed, 10 Aug 2022

The Commerce Commission says it will not let bygones be bygones when it comes to issuing fines and even winding back uncompetitive company mergers it wasn't told about.

Sponsored
A clearer path to the cloud

Step-by-step cloud transition can bring benefits, experts say.

Sponsored
Energy of the future: Why we need innovation

The Tomorrow’s Energy Today conference is looking at ways to develop a clean, affordable and reliable energy future, says Brendan Winitana, chair of the Sustainable Energy Association New Zealand (SEANZ).