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New Zealand house prices ease in November: REINZ

Thursday, December 10, 2015 - 10:11
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New Zealand house prices edged down by 0.1 per cent in November from the previous month, the Real Estate Institute of New Zealand (REINZ) said on Thursday.

[WELLINGTON] New Zealand house prices edged down by 0.1 per cent in November from the previous month, the Real Estate Institute of New Zealand (REINZ) said on Thursday.

The REINZ said prices in Auckland, the biggest city, rose 14.2 per cent on the year.

Earlier this month, government valuer Quotable Value said house prices rose 15 per cent in the year to November.

REUTERS