News

Home affordability produces mixed results nationally

Friday 22nd of June 2007

That's the good news for home owners in the latest quarterly report on home affordability from Massey University's Property Foundation.

The bad news is that in eight other regions houses became less affordable so the national measure of home affordability worsened by 4% in the quarter and 11.9% in the year to May.

Only Central Otago-Lakes, New Zealand's least...

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