Canterbury house prices rose 38.1% annually in Nov

Staff reporters
Mon, 13 Dec 2021

The pace of annual house price inflation abated a little further in November, although the month-on-month figures remain positive and annual prices in Canterbury jumped 38.1%.Reflecting the huge volumes of new houses built in Canterbury following the earthquake, price increases there had been more moderate a lack of supply elsewhere had helped fuel the boom.The Real Estate Institute's national house price index rose 27.2% in the year ended November, down from the 29.9% annual increase in October, although sales in November were down 18% com...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
NZ dollar hits two-year low
Staff reporters | Wed, 06 Jul 2022

The New Zealand dollar fell to 61.59 US cents at 5pm this evening – the lowest it has been since May 2020.

Retail
Govt plans for grocery commissioner well received
Rebecca Howard | Wed, 06 Jul 2022

The new watchdog “will be a referee of the sector, keeping the supermarket duopoly honest and blowing the whistle where it suspects there is a problem”. 

Climate change
Carbonz resumes trading with creators standing by their credibility
Ian Llewellyn | Wed, 06 Jul 2022

The creators of a voluntary carbon credit and platform to trade them stand by their product.

Sponsored
How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges