Regional house price inflation accelerates in October

By Paul McBeth | Thu, 14 Nov 2019


House price inflation accelerated across the regions in October, with Auckland the only area where prices remained subdued, Real Estate Institute figures show. The national house price index rose 3.9 percent in October from a year earlier, and excluding Auckland, was up at an even faster pace of 8.2 percent. Southland prices led the way, up 20.9 percent, followed by Manawatu/Whanganui up 18.7 percent. Gisborne/Hawke's Bay, Taranaki and Otago also registered double-digit growth. National prices rose at a 3.6 percent annual pace in September...