- New Zealand seasonally adjusted median house price price -0.9% in June m/m
- And +5.6% y/y
From REINZ
More:
- Auckland prices +26% y/y
- June home sales +29.2% y/y
Surging house prices have been a concern of the Reserve Bank of New Zealand, but it didn't stop them from cutting rates last month.
They meet again on July 23, another cut is widely expected