News

Home unaffordability breaks records in Auckland

Monday 6th of July 2015

The latest Massey University Home Affordability Report shows that home affordability in Auckland declined by 10.2% over the March – May 2015 quarter and by 25% over the previous 12 months.

In contrast, eight of the country’s 12 regions actually showed improvements in affordability over the last quarter.

It was the second consecutive quarter that the margin o...

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