National property values up 1.7% in year to June - REINZ

National property values up 1.7% in year to June - REINZ
Rebecca Howard
By Rebecca Howard July 10 (BusinessDesk) - National property values rose 1.7 percent in the year to June and would have been up 6.5 percent had Auckland been stripped out, the Real Estate Institute of New Zealand's latest House Price Index shows. The index rose to 2,753 last month, up 0.3 percent from May. Excluding Auckland, the monthly rise was 0.4 percent. The annual increase of 1.7 percent contrasts with the 3.8 percent annual growth reported this time last year, REINZ noted.  Looking around the country, 11 out of 12 regions saw...

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