House price index show a surge in investor activity

House price index show a surge in investor activity

The full set of QV House Price Index statistics for all New Zealand for June can be downloaded by clicking this link: QV House Price Index (HPI) for June 2016. QV National Spokesperson Andrea Rush said, “Nationwide values are now rising at the fastest rate since 2004,...

QV house price index

However, nationwide values have risen 12.6% over the past year and 0.7% over the past three months. They are now 34.2% above the previous market peak of late 2007. The average value nationwide is now $556,206. When adjusted for inflation the nationwide annual increase...
House price index show a surge in investor activity

Reserve Bank research on housing price

New Zealand house prices have risen significantly over the past five decades. In real terms, house prices have more than tripled, with a strong upward trend since 1994. Nonetheless, there have been several instances where real house prices have fallen. There have been...

Annual building consents rise

The annual rate of new home construction doubled from 13,500 in 2012 to 27,000 in 2015. The annual rate of new house construction in Auckland of 9251 in 2015 is up 21 per cent on 2014, and has been growing at over 20 per cent every year since the Housing Accord was...