Increase in housing costs outpaces household income

Nov 28, 2014 | News

The latest Household Economic Survey (Income) shows average annual household income rose 9.1 percent in the two years to June 2014, from $81,227 to $88,579.

In the same period, average household weekly spending on housing costs rose 11.1 percent, from $256 to $284.

Read the Statistics New Zealand press release on Scoop here.

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