A brief housing correction appears to be behind us
A brief housing correction appears to be behind us
13 October 2020
The latest Real Estate Institute report shows the median house price has risen to 685 thousand dollars.
ASB senior economist Mike Jones says prices fell in April and May because of the lockdown.
But he says that was a just a blip in the overall upward trend.
Jones says the figures confirm what was becoming abundantly clear - that the housing market in New Zealand is going nuts.
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