Home truths: how we measure our housing market

Home truths: how we measure our housing market
Housing prices are not as see through as they should be.
Brent Melville
New Zealanders can be forgiven for exhibiting symptoms of housing fatigue, especially given the daily barrage of headlines citing record-breaking prices and an ongoing housing crisis.Talk at almost any dinner table in New Zealand these days will inevitably come round to house prices; how they've been ignited by continued record low-interest rates and how, despite government and Reserve Bank intervention, the market seems slow to turn.Thursday was another case in point, with April's Real Estate Institute of New Zealand (REINZ) numbers re...

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