Subscribe today - find out more
Why you should consider BusinessDesk

NZ house prices accelerate at second fastest rate in world

Brent Melville
Wed, 15 Sep 2021

House prices are still rising. (Image: BusinessDesk)
Brent Melville
Wed, 15 Sep 2021
New Zealand’s house price inflation continues to outstrip most of the developed world’s post-pandemic increases.For the 12 months to June, NZ house prices jumped by an average annual 25.9% year-on-year. This is second only to Turkey which had a 29.2% increase for the same period, according to the latest Knight Frank global house price index.That’s in line with a covid induced housing price boom that has seen record global average price rises of 9.2% across 55 countries and territories.The boom, prompted by quantitative easing...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

America's Cup
NY Yacht Club’s shot across Team NZ’s bows
Pattrick Smellie | Wed, 20 Oct 2021

The spiritual home of the America's Cup is pulling out of the next challenge and seeking fundamental changes.

Climate change
First cut at climate disclosure focuses on directors' comfort zones
Ian Llewellyn | Wed, 20 Oct 2021

Directors will need to show they've tapped experts for climate issues.

Law & Regulation FREE
Sam Stubbs: why the pay gap matters in the talent war
Michael Andrew | Wed, 20 Oct 2021

To appeal to a new generation of ethical and socially conscious workers, businesses will need to be transparent about their pay gaps.

Decarbonising infrastructure – navigating an abundance of policy and analysis

We have a rare opportunity to align significant public infrastructure investment with urgent climate change reform, but time is short and we all need to act.

Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.