house pricesmacroeconomic shocksasymmetriesSVAR modellingA two-part SVAR model for New Zealand (NZ) identifies impacts ofcommonmacroeconomic shocks on national and regional city house prices. Results suggest that NZ regional housing market asymmetries exist in terms of responses to, as well as the ...
New Zealand: typical city centre apartment buying price, monthly rent (120 sq. m) Buying priceRate per monthYield Auckland$412,571$1,8855.48% Recent news: For the last six years New Zealand's economy’s performance has been robust, with growth of 2.2% in 2019, 3.2% in 2018, 3.8% in...
We analyzed price data and input them into this graph, which displays vacation rental prices for the upcoming year in New Zealand. The week with the highest average prices is in June (6/21 – 6/28). During this week, a night will cost on average $334. The month with the lowest avera...
"This has largely been driven by rising house prices across many parts of New Zealand. While it's impossible to quantify the extent, the continued spillover of Auckland house price levels into other regions may be a factor," author Associate Professor Graham Squires said in a statement. Auckla...
Photo taken on Dec. 11, 2020 shows a bulldozer at a construction site in suburbs of Wellington, New Zealand. Median house prices across New Zealand increased by 18.5 percent year on year in November to a record high of 749,000 New Zealand dollars (532,491 U.S. dollars), as property sa...
WELLINGTON, July 10 (Xinhua) -- New Zealand housing market continued to cool off with a decline in the rate of annual growth from 3.8 percent in June 2018 to 1.7 percent in June 2019, although values are still in positive territory, the Real Estate Institute of New Zealand (REINZ) said ...
“By historical and international comparisons and some measures of affordability New Zealand’s house prices appear elevated (…). This in part reflects a limited housing stock from low housing investment in recent years and geographical constraints preventing a rapid housing supply response. With house...
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Findings - – No statistically significant connection between cell phone towers and house prices was observed. Originality/value - – In light of this study's results and emerging empirical evidence on the proximity-price relationship, New Zealand's recently introduced National Environmental Standards ...
Housing priceszoninghousing supplymigrationurban growthThis paper explores the causes and economic consequences of recent increases and divergences in regional house prices in New Zealand. It identifies large and increasing 'wedges' between house prices and underlying supply costs. These house price ...