NZ house price data for August: -0.4% m/m and +3.9% y/y

This via the REINZ for August 2018 house prices

The Real Estate Institute of New Zealand

• Median house price -0.4% m/m, +3.9% y/y
• Sales of homes up 3.1% y/y

The focus has switched for markets looking at NZ, no longer on house price gains but on business confidence slumping

Earlier from NZ:

• NZD traders - Fonterra milk price forecast out now