TMM - News

Soaring house prices fuel OCR hike talk

Tuesday 13th of July 2021

REINZ data for June shows a 0.8% increase in prices month-on-month, a fall from the average 2.7% in the previous seven months, but a continuation of the runaway market.

Seasonally adjusted sales were 7% up in June, according to REINZ's latest report, published this morning. The number of sales dropped to 8,000 last month, down from the 10,000 at the end of 2020. 

Kiwiba...

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