Housing prices relative to consumer prices – an analysis by Brian Easton May 2017

Jun 26, 2017 | Research

https://thepolicyobservatory.aut.ac.nz/__data/assets/pdf_file/0005/78593/Brian-Easton-House-prices-relative-to-inflation-FINAL2.pdf

In this short report, economist Brian Easton explores some additional measures to establish whether housing is, indeed, less affordable than previously. Using Reserve Bank of New Zealand data from 1962 until 2016, he compares house price changes to changes in the Consumer Price Index, a measure of general inflation that does not include house sales. While we would expect house prices to rise over time as a function of general inflation, and for wage rises to (somewhat) compensate, this report reveals the extent to which housing inflation is out of step with general inflation, including some surprising periods of rapid change. Brian Easton also considers the prospect of house price deflation or stagnation, using historic trends as a guide. The report finishes with an exploration of other measures of housing affordability.

Recent articles

Annual Report

CHA’s Annual Report for 1st July 2019 to 30th June 2020

CHA’s Annual Report for 1st July 2019 to 30th June 2020

Strategic Plan

CHA’s Strategic Plan 2018

CHA’s Strategic Plan 2018

Featured Network

Residential Tenancies Act Community of Practice

Residential Tenancies Act Community of Practice

Our Place

Our Place 2017

Our Place 2017

Case Studies

Media Releases

The Shift Aotearoa conference 2021 issues papers released

Community Housing Aotearoa’s three pre-conference work programmes are kicking off next week with initial zoom meetings in the Narrative Transformation and Housing System Settings streams scheduled for Tuesday 26 January at 10AM and 1PM respectively. Issues papers to...

News

CHA Level 4 Guidance Document 8 September

CHA Level 4 Guidance Document 8 September Community Housing Aotearoa (CHA) has put together this document to consolidate information, contacts, resources and advice to help you in your day to day service delivery and decision making. It will be updated as new...

Community Housing Aotearoa (CHA) COVID-19 Update 26 August 2021

Message from CHA's Chief Executive, Productivity Commission Submission - Include Housing in the Terms of Reference, CHA's support for members, sharing ideas and issues, Ministry of Health information and advice, Government support for your organisation, important...

Newsletters

Community Housing Aotearoa (CHA) Newsletter 30 August 2021

Message from Chief Executive, Support for Members, CHA Regional Event Series, #right2housing - Episode 2, Community Finance named as finalists at Sustainable Business Awards, Feedback sought on draft strategy and planning policy for housing measures, An update on the...

Community Housing Aotearoa (CHA) Newsletter 18 August 2021

Community Housing Aotearoa COVID-19 Update, Message from CHA's Chief Executive, CHA's support for members, Sharing ideas and issues, Ministry of Health information and advice, Government support for your organisation. Community Housing Aotearoa (CHA) Newsletter 18...

Community Housing Aotearoa (CHA) Newsletter 16 August 2021

Warm Welcome for CHA's new Chief Executive, CHA Regional Event Series, Masterclass Webinar on Place-based initiatives: Save the Date! Government Reinstates Operating Supplement. On-going Engagement Underway - HRC Framework Guidelines on the #right2housing in Action....

Community Housing Aotearoa (CHA) Newsletter 3 August 2021

CHA Regional Event Series, Human Rights Commission Framework Guidelines on the Right to a Decent Home, Stories of Homelessness: When the Dominoes Start to Fall, Tenancy Management - Code of Practice, In the News, EVENTS, Upcoming Homestar v5 Events. Community Housing...

Submissions

Legislation

Reports

Te Whakaruruhau Report

The Te Whakaruruhau Report establishes the peak body services to the Homelessness Sector by Te Matapihi he Tirohanga mō te IwiTrust and Community Housing Aotearoa. The report can be found here: Te Whakaruruhau September 2020

Research

Following the money

http://www.buildingbetter.nz/publications/contestable_research_projects/Saville-Smith_2018_following_the_money.pdf

BRANZ research report on ‘exceeding the minimum’ released

This report looks at the question: why don’t landlords choose features that exceed the minimum building standards and what are the enablers to changing this? The aim is to identify the barriers to an improved rental stock and potential solutions to overcome the...

Community Housing Aotearoa

Contact Us

Contact Info

Level 11, Ranchhod Tower,
39 The Terrace /
102-112 Lambton Quay
PO Box 11543
Wellington 6142

+04 385 8722

support@communityhousing.org.nz

Follow On