February 12, 2019 / 8:48 PM / in 5 months

New Zealand house prices rise by annual 2.9 pct in Jan- QV

WELLINGTON, Feb 13 (Reuters) - New Zealand house prices rose an annual 2.9 percent in January to an average value of NZ$684,468 ($461,126.09), government valuer Quotable Value (QV) said on Wednesday.

* Slowdown from 3.2 percent annual growth in December

* Property value dipped 0.9 percent in the Auckland region

* Affordability constraints and low supply continue to maintain modest value growth across most areas, according to QV. ($1 = 1.4843 New Zealand dollars) (Reporting by Praveen Menon)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below