The Kākā by Bernard Hickey

The Kākā by Bernard Hickey

Dawn chorus: House price inflation 30.6%

Few signs market is actually slowing much as RBNZ prepares to hike rates next week; House prices up 4.3% in 3 mths since May Budget & already as much as Treasury forecast for 2 1/2 yrs to end of 2023

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Bernard Hickey
Aug 12, 2021
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TLDR: REINZ figures showed house price inflation isn’t slowing that much, with the House Price Index up 30.6% in July from a year ago, which was the fastest ever growth in the index’s history. Prices outside of Auckland were up 32.9% from a year ago

House prices have risen 21% since November, which was when the Government announced it would pull all the …

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