News

No let-up in affordability issues

Tuesday 12th of February 2019

Massey University’s latest Home Affordability Report is out and it shows a quarterly decline of 2.2% in national affordability, driven by increases in median house prices.

The report, which covers the quarter from September to November 2018, shows an average increase in median house price of 4.6% across all regions.

This was only partially offset by wage increases in most...

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