QUARTERLY RESULTS: This quarter has seen an improvement in national affordability as an aggregate for all regions (4.4%), with a quarterly national decrease in median house prices of $19,500. This quarter, drivers of improvement in affordability have mainly occurred by the fall in house price levels in regions of high value Auckland/Thames/ Coromandel (-$14,000) and Central Otago Lakes (-$20,000) – as well as falls in Northland (-$24,000). Read more here
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