Housing affordability report released by Massey

Sep 30, 2015 | Reports

Over the period from June 2015 to August 2015, home affordability nationwide improved by 2.3%.

Massey University senior property lecturer Dr Susan Flint-Hartle said this improvement has taken place in every region, apart from Nelson/Marlborough.

Massey University Home Affordability Report – Key findings:

• Quarterly improvement in national affordability: 2.3%

• Quarterly improvements in all regions except Nelson/Marlborough

• Quarterly improvement in Auckland affordability: 4.9%

• Annual deterioration in national affordability: 6.7%

• Most affordable region: Southland – 57% more affordable than the national average.

• Least affordable region: Auckland – 52% less affordable than the national average.

Read more here.

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